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Stock impact report

TPG in Advanced Talks to Buy Crown Castle Fiber Unit for $8 Billion [Yahoo! Finance]

Crown Castle Inc. (CCI) 
Last crown castle inc. earnings: 4/29 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.crowncastle.com
Company Research Source: Yahoo! Finance
Most Read from Bloomberg New York City's Historic Preservation Movement Is Having a Midlife Crisis NYPD Car Chases Are Becoming More Frequent — and More Dangerous Dakar's Air Quality Plummets as Saharan Dust Descends on Senegal A deal for the fiber and wireless assets could be announced within weeks, said the people, who asked to not be identified because the talks are private. No final decision has been made and discussions could fall through or another buyer could emerge, the people added. Representatives for TPG and Crown Castle declined to comment. Crown Castle launched a review of the fiber business last year as part of a pact with activist investor Elliott Investment Management, which also won seats on the Houston-based real estate investment trust's board. Crown Castle fell 2.3% to close at $90.73 in New York trading Thursday, giving the company a market value of about $39 billion. Shares of Crown Castle rose as much as 7% after the close of regular trading befor Show less Read more
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