Market Overview

Crown Castle To Acquire Ground Lease-Related Assets from Wireless Capital

Crown Castle International Corp (NYSE: CCI) announced its plans to acquire a portfolio of ground lease-related assets from Wireless Capital Partners LLC for around $180 million in cash.

Crown Castle will also assume around $320 million in debt.

Crown Castle shares gained 0.24% to close at $46.24 yesterday.

Posted-In: merger and acquisitionNews M&A

 

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