Multiple bidders eye potential purchase of Zayo
BOULDER — Odds are increasing that pressure from activist investors will lead to a sale of Boulder-based Zayo Group Holdings Inc. (NYSE: ZAYO). StreetInsider reported Wednesday that multiple bidders are involved in a potential purchase of the company, which could be sold whole or in part. A source told StreetInsider that final bids are due next April 12.
Zayo provides communications infrastructure services, including fiber and bandwidth connectivity, colocation and cloud services. The company employs about 450 in Boulder and about 3,800 worldwide.
Zayo in February abandoned plans to split…
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