Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
- KKR & Co Inc (NYSE:KKR) and Global Infrastructure Partners agreed to acquire premier global data center REIT CyrusOne Inc (NASDAQ:CONE) in an all-cash transaction valued at $15 billion, including the assumption of debt.
- The purchase price of $90.50 per share implies a 25% premium to CyrusOne's September 27 closing stock price, the last full trading day before published market speculation regarding a potential sale of the company.
- The price represents a 5.9% premium to CyrusOne's November 12 closing price of $85.45.
- CyrusOne will become a privately held company wholly owned by KKR and GIP.
- "This transaction provides CyrusOne stockholders with significant value and simultaneously positions the Company to even better serve its customers to meet their needs in key markets around the world," said Lynn Wentworth, Chair of the CyrusOne Board.
- Price Action: CONE shares traded higher by 4.70% at $89.47 on the last check Monday.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!