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SBA Communications Corp Completes Acquisition of TowerCo


Monday, 1 Oct 2012 11:26am EDT 

SBA Communications Corp announced that SBA, through its wholly-owned subsidiary SBA 2012 Acquisition, LLC, has completed its acquisition of TowerCo II Holdings LLC, which owns 3,256 tower sites in 47 states across the U.S. and Puerto Rico. As consideration for the acquisition, SBA paid $1.2 billion in cash and issued 4.6 million shares of its Class A common stock. 

Company Quote

80.69
0.06 +0.07%
21 May 2013