Zayo Group Holdings Inc (ZAYO) News

News: $ZAYO ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Zayo Group Holdings, Inc.

NEW YORK , May 8, 2019 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against Zayo Group Holdings, Inc. (NYSE: ZAYO) and its board of directors for breach of fiduciary duty concerning the proposed acquisition of the company by Digital Colony Partners and the EQT In...

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News: $ZAYO Zayo Alert: Johnson Fistel Investigates Proposed Sale of Zayo Group Holdings, Inc.; Are Zayo Shareholders Getting a Fair Deal?

SAN DIEGO , May 8, 2019 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Zayo Group Holdings, Inc. (NYSE: ZAYO) ("Zayo") breached their fiduciary duties in connection with the proposed sale of the Company ...

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News: $ZAYO Zayo Group Holdings, Inc. Reports Financial Results for the Third Fiscal Quarter Ended March 31, 2019

Third Fiscal Quarter 2019 Financial Highlights $647.2 million of consolidated revenue; including $555.2 million from the Communications Infrastructure segments and $92.0 million from the Allstream segment. Net income of $34.7 million, including $39.2 million from the Communication...

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News: $ZAYO Zayo Announces Definitive Agreement to be Acquired by Digital Colony and EQT

Zayo Shareholders to Receive $35.00 per share in Cash Transaction Valued at $14.3 Billion Transaction would result in Zayo becoming a private company World-class network assets well positioned to meet connectivity-driven demand in key North America and Europe markets Global i...

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News: $ZAYO Starboard Delivers Letter to Zayo CEO and Board of Directors

NEW YORK , March 7, 2019 /PRNewswire/ -- Starboard Value LP (together with its affiliates, "Starboard"), one of the largest shareholders of Zayo Group Holdings, Inc. (NYSE: ZAYO) ("Zayo" or the "Company"), with an ownership interest of approximately 4.0% of the Company's outstanding share...

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News: $ZAYO Zayo Provides Business Update and Postpones Analyst Day Event

Board and Management Evaluating Strategic Alternatives to Enhance Shareholder Value Zayo Group Holdings, Inc. (NYSE: ZAYO) (“Zayo” or the “Company”) today announced that the Company is postponing its Analyst Day scheduled for March 14, 2019, in Boulder, Col...

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$11.1 Billion buyout interest from Blackstone, twice the current market cap! https://www.bloomberg.com/news/articles/2018-11-18/zayo-is-said-to-get-interest-from-blackstone-stonepeak-group

Insider Trading Activity Zayo Group Holdings, Inc. (NYSE:ZAYO) – CFO Sold 38,885 shares https://marketexclusive.com/insider-trading-activity-zayo-group-holdings-inc-nysezayo-cfo-sold-38885-shares-of-stock/75506/?icd1

Morgan Stanley downgraded Zayo Group Holdings (NYSE:ZAYO) from Overweight to Equal Weight. Five valuation models imply the stock is 8% overvalued.:

Top Wall Street Ratings

Business Summary
Zayo Group Holdings, Inc., through its subsidiaries, provides bandwidth infrastructure solutions for the communications industry in the United States and Europe. The company operates in three segments: Physical Infrastructure, Lit Services, and Other. The Physical Infrastructure segment provides dark fiber, fiber-to-the-tower and small cell mobile infrastructure, and colocation and interconnection services for carriers and other communication service providers, Internet service providers, wireless service providers, media and content companies, large enterprises, and other companies. The Lit Services segment offers bandwidth infrastructure solutions comprising wavelength, Ethernet, Internet protocol connectivity, and SONET services through its metro, regional, and long-haul fiber networks for carriers, financial services companies, healthcare, government institutions, education institutions, and other enterprises. The Other segment provides network and technical resources to customers in designing, acquiring, and maintaining their networks. The company was founded in 2007 and is headquartered in Boulder, Colorado. Zayo Group Holdings, Inc. is a subsidiary of Communications Infrastructure Investments, LLC.

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Zayo’s fiber-optic network extends more than 81,000 route miles and includes more than 15,000 on-net buildings, providing connectivity to the majority of data centers and carrier hotels in the U.S. Through Zayo, customers can connect to more than 24 cloud providers and over 500 data centers worldwide through Ethernet, IP VPN, and wavelengths up to 10G.