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Equinix to buy Telecity for GBP 2.35 billion
2015-05-29 09:20:00| Telecompaper Headlines
(Telecompaper) US data centre operator Equinix has reached an agreement to acquire UK-based Telecity for GBP 2.35 billion in cash and shares. Equinix offered GBP 1.145 per share, with GBP 0.5725 payable in cash, representing an around 35 percent premium on Telecity's closing price on 10 February, the day before Telecity announced its planned merger with Dutch data centre operator Interxion. When the transaction is completed, Telecity shareholders will own around 10.1 percent of the combined group. Telecity CEO John Hugues, who will sit on Equinix's board, said, "Having carefully considered all our options, the board believes this is a compelling offer and an excellent outcome for shareholders, employees and customers." The agreement scuppers Telecity's February bid to buy Interxion in all-stock deal.
Recent office buy proves the attraction of San Antonio's slow-and-steady real estate market
2015-05-29 07:59:08| Real Estate - Topix.net
Being predictable is not necessarily a bad thing. Just ask Tim Ballard, president of Buchanan Street Partners - the Newport Beach, California-based firm that recently purchased the San Pedro Plaza office building.
Telefonica closes 7.5bn GVT buy
2015-05-29 02:00:00| Total Telecom industry news
Vivendi to take 8.3% stake in Telecom Italia in coming days as part of transaction.
Tags: buy
closes
telefonica
75bn
You May Soon Be Able to Buy Amazon-branded Milk, Cereal and Baby Food
2015-05-29 01:55:15| Air Courier - Topix.net
A package shipped from Amazon.com moves down a conveyor belt during the afternoon sort at the United Parcel Service Inc. Worldport facility in Louisville, Kentucky, U.S., on Tuesday, April 21, 2015. The e-commerce leader is planning to add food to its fledgling line up of house labels, a move that seeks to capitalize on customers' growing acceptance of store brands and its grocery delivery service.
You May Soon Be Able to Buy Amazon-branded Milk, Cereal and Baby Food
2015-05-29 01:19:55| Trucking - Topix.net
A package shipped from Amazon.com moves down a conveyor belt during the afternoon sort at the United Parcel Service Inc. Worldport facility in Louisville, Kentucky, U.S., on Tuesday, April 21, 2015. The e-commerce leader is planning to add food to its fledgling line up of house labels, a move that seeks to capitalize on customers' growing acceptance of store brands and its grocery delivery service.
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