Zayo Gets Approvals for Pending Merger

Zayo Group Holdings, Inc. (NYSE: ZAYO), which provides mission-critical bandwidth to the world´s most impactful companies, has announced that all regulatory approvals relating to the previously announced merger through which the company would be acquired by affiliates of Digital Colony Partners (“Digital Colony”) and the EQT Infrastructure IV fund (“EQT”) have been received. Zayo´s stockholders previously approved the merger at a special meeting of stockholders on July 26, 2019, the company said.

The merger´s legal closing is expected to be effective on March 9, 2020, subject to the satisfaction (or waiver) of all conditions to closing.

As previously announced, upon completion of the merger, stockholders will receive USD 35.00 in cash per share of Zayo´s common stock.

Zayo Group Holdings provides mission-critical bandwidth to the world´s most impactful companies, fueling the innovations that are transforming our society. Zayo´s 133,000-mile network in North America and Europe includes extensive metro connectivity to thousands of buildings and data centers.

Zayo´s communications infrastructure solutions include dark fiber, private data networks, wavelengths, Ethernet, dedicated Internet access, and colocation services. Zayo owns and operates a Tier 1 IP Backbone and 44 carrier-neutral data centers. Through its Cloudlink service, Zayo provides low latency private connectivity that attaches enterprises to their public cloud environments. Zayo serves wireless and wireline carriers, media, tech, content, finance, healthcare and other large enterprises. For more information, visit

Digital Colony Management is the global digital infrastructure investment platform of Colony Capital, Inc. (NYSE: CLNY) and a investor, owner and operator of companies enabling the next generation of mobile and Internet connectivity. Digital Colony was launched in 2018 by Digital Bridge Holdings, LLC and Colony Capital to bring together Digital Bridge´s industry, operational and investment expertise in the telecommunications sector with Colony Capital´s global scale, operating platform and capital markets access. For more information, visit

EQT is a differentiated global investment organization with more than EUR 62 billion in raised capital and around EUR 40 billion in assets under management across 19 active funds. EQT funds have portfolio companies in Europe, Asia and the US with total sales of more than EUR 21 billion and approximately 127,000 employees. EQT works with portfolio companies to achieve sustainable growth, operational excellence and market leadership. More info: