Exclusive: Activist Sachem Head pushes Zayo to explore sale - sources - Dealers Care

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Tuesday, 12 February 2019

Exclusive: Activist Sachem Head pushes Zayo to explore sale - sources

By Carl O'Donnell (Reuters) - Activist hedge fund Sachem Head Capital Management has written a letter to communications infrastructure provider Zayo Group Holdings urging it to explore a sale, according to people familiar with the matter. The letter, sent to the company this week, comes after Zayo has rejected acquisition offers from a private equity consortium including Blackstone Group LP and Stonepeak Infrastructure Partners LP, the sources added, asking not to be named because the matter is private

from Latest News Business on Firstpost http://bit.ly/2IhHNx8

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