May 8, 2019 / 12:13 PM / 12 days ago

Zayo agrees to $14.3 bln buyout offer from investment firms

May 8 (Reuters) - U.S. communications infrastructure provider Zayo Group Holdings Inc said on Wednesday it agreed to be sold to investment firms Digital Colony Partners LP and EQT in a deal valued at $14.3 billion.

The deal value of $35 per share in cash is at a premium of 14.3 percent to Zayo's closing price on Tuesday. (Reporting by Supantha Mukherjee in Bengaluru; Editing by James Emmanuel)

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