Data Center Company QTS Acquired by Blackstone Funds for $10 Billion
tags:blackstone infrastructure partnersblackstone real estatebreitchad williamscolocationdata centerdata center acquisitionsgreg blanknewsqtstyler henritze
In an all-cash transaction valued at about $10 billion including debt, investment firm Blackstone Funds (NYSE: BX) will buy all outstanding shares of common stock of QTS Realty Trust for $78.00 per share. Excluding debt, the acquisition price represents a valuation of $6.7 billion.
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