American tower corporation announces proposed public offering of common stock

Boston--(business wire)--american tower corporation (nyse: amt) today announced that, in connection with the funding of its transaction with telxius telecom, s.a., pursuant to which it expects to acquire telxius' european and latin american tower divisions, comprising approximately 31,000 communications sites, american tower intends to offer 8,500,000 shares of its common stock in a registered public offering, subject to market and other conditions. american tower intends to grant the underwrit
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