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Manitoba Telecom Services sells Allstream business for $465M

2015-11-23 21:31:55| IT Services - Topix.net

Manitoba Telecom Services Inc. says it has signed a deal to sell its Allstream business to Zayo Group Holdings Inc. for $465 million in cash. The agreement to sell Allstream follows a failed deal to sell the business to Egyptian investment group Accelero Capital for $520 million.

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