Private Equity Firms Revise Offer for Zayo Group
February 13, 2019
Blackstone Group and Stonepeak Infrastructure Partners are circling communications infrastructure company Zayo Group Holdings Inc. once again. Previously, Zayo rejected a $6 billion-plus offer from the Blackstone-led consortium (NYSE: BX), which also includes KKR & Co. (NYSE: KKR), I Squared Capital, GTCR and Charlesbank Capital Partners (h/t CTFN).
Back in November, Bloomberg reported that Zayo has been attracting suitors and takeover interest from private equity funds and investment firms.
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