CoreSite Realty Corporation

NYSE:COR   3:59:58 PM EDT
169.97
+0.12 (+0.07%)
Earnings Announcements

American Tower To Acquire CoreSite

Published: 11/15/2021 12:19 GMT
CoreSite Realty Corporation (COR) - American Tower to Acquire Coresite.
American Tower Corp - American Tower Will Acquire Coresite for $170.00 per Share in Cash.
American Tower Corp - Entered Into a Definitive Agreement Through Which American Tower Will Acquire Coresite for $170.00 per Share in Cash.
American Tower Corp - Total Consideration for Deal, Including Assumption And/or Repayment of Existing Debt at Closing, is Approximately $10.1 Billion.
American Tower Corp - Deal for Approximately $10.1 Billion.
American Tower Corp - Expects to Leverage Its Strong Financial Position to Further Accelerate Coresite's Attractive Development Pipeline in U.S.american Tower - Transaction is Anticipated to Be Modestly Accretive to American Tower's AFFO per Share Initially, and Increasingly Accretive Over Time.
American Tower Corp - Coresite Plans to Declare and Pay Its Q4 Dividend During Q4 of 2021 and No Later Than Close of Transaction.
American Tower - Has Obtained Committed Financing From Jp Morgan for Deal.
Revenue is expected to be $166.2 Million
Adjusted EPS is expected to be $0.46

Next Quarter Revenue Guidance is expected to be $168.11 Million
Next Quarter EPS Guidance is expected to be $0.55

More details on our Analysts Page.