Bill Scheppy

Tax Manager at AboveNet Communications, Inc. - White Plains, New York, United States

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HQ
Location
White Plains,New York,United States
Company
AboveNet Communications, Inc.
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AboveNet Communications, Inc.

White Plains, New York, United States • 3 Employees

LOUISVILLE, CO and WHITE PLAINS, NY March 19, 2012 Zayo Group, LLC and AboveNet, Inc. (NYSE: ABVT) today announced that their boards of directors have approved a definitive agreement under which Zayo will acquire AboveNet for approximately $2.2 billion. Under the terms of the agreement, each share of AboveNet common stock issued and outstanding immediately prior to the transaction will be entitled to receive $84.00 per share in cash, representing a 13% premium over AboveNet's closing price on March 16, 2012 and a 21% premium over the average closing stock price for the past 60 days.

Details about AboveNet Communications, Inc.
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