Crown Castle Acquires NextG Networks for $1,000,000,000
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=84700811-57b2-469a-b51f-3aee48562c31&Preview=1 -
Date
12/20/2011 -
Company Name
NextG Networks -
Mailing Address
2216 O’Toole Ave San Jose, CA 95131 -
Company Description
NextG Networks is a next-generation wireless communications company that provides managed RF-over-Fiber transport network services to wireless service providers. -
Website
http://www.nextgnetworks.net -
Transaction Type
M&A -
Transaction Amount
$1,000,000,000 -
Transaction Round
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Proceeds Purposes
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M&A Terms
Crown Castle, which competes with American Tower Corp., said it would fund the purchase of NextG — owned by a group of investors led by Madison Dearborn Partners — with debt.
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