American tower announces telxius towers transaction

Boston--(business wire)--american tower corporation (nyse: amt) today announced that it has entered into definitive agreements with telefÓnica, s.a. (“telefÓnica”), under which it will acquire telxius towers, comprising approximately 31,000 existing communications sites in germany, spain, brazil, chile, peru and argentina. the total consideration for the transaction is approximately €7.7 billion (approximately $9.4 billion at current foreign exchange rates), subject to customary closing adjustm
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