American tower closes latin american tranche of telxius towers acquisition

Boston--(business wire)--american tower corporation (nyse: amt) today announced that it has closed the latin american tranche of its telxius towers acquisition, comprised of over 7,000 communications sites in brazil, peru, chile and argentina, for total consideration of approximately €0.9 billion (approximately $1.1 billion at current foreign currency exchange rates). the closing was funded by a combination of cash on hand and borrowings under the company's revolving credit facilities and term
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