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American Tower Corp Announces Acquisition of Tower Sites from KPN in Germany


Thursday, 15 Nov 2012 02:00am EST 

American Tower Corp announced that it has entered into a definitive agreement with KPN’s German subsidiary, E-Plus, under which American Tower will acquire over 2,000 KPN tower sites in Germany for an agreed upon purchase price of approximately EUR393 million. The transaction is expected to close in the fourth quarter of 2012.