Communications Services M&A » By The Online Investor Staff, updated Tue., Mar. 9, 2:38 AM
Recent mergers and acquisitions in the Communications Services M&A category.
| This Slide: #58 of 100 |
Slide #58. Rogers Communications — Pivot Data Centres Inc.
Acquirer:
Rogers Communications (NYSE:RCI)
Acquiree:
Pivot Data Centres Inc.
Details:
Sverica International, a private equity investment firm, announced today the sale of its portfolio company Pivot Data Centres Inc. ("Pivot") to Rogers Communications Inc. (TSX: RCI.A and RCI.B; NYSE:RCI) ("Rogers") for C$155 million. Based in Calgary, Alberta with an additional facility in Edmonton, Alberta, Pivot is a leading data centre solutions provider in Western Canada, specializing in colocation as well as data centre design, maintenance, and relocation.
Rogers Communications is a holding company operating as a communications and media company. Co. has four segments: Wireless, which provides wireless telecommunications operations; Cable, which provides cable telecommunications, including internet, television, and telephony services; Business Solutions, which provides network connectivity through its fibre network and data centre assets to support voice, data, networking, hosting, and cloud-based services for businesses, governments, and other telecommunications providers; and Media, which consist of media properties, including television and radio broadcasting, shopping, publishing, sports media and entertainment, and digital media.
Open the RCI Page at The Online Investor »
|
||||||||||||||||||||||||
Open the RCI Page at The Online Investor (in a new window) »
|
|
Avg. Broker Rec.
 
|
Buy (3.12 out of 4) 37th percentile
(ranked lower than approx. 63% of all stocks covered)
Analysts' Target Price: RCI Stock Forecast Based on Zacks ABR data; powered by Xignite |
