Communications infrastructure company Zayo Group Holdings Inc. has agreed to go private, a move that comes two months after activist investor Starboard Value criticized the firm for poor performance. Zayo said Wednesday it would sell itself to affiliates of investment firm Digital Colony Partners and an infrastructure fund run by investor EQT for $8.2 billion, or $35 a share in cash.

Source: Wall Street Journal May 08, 2019 13:07 UTC