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.
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.