Cogent Communications Holdings announced that its indirect wholly owned subsidiary, Cogent Fiber, LLC, entered into a definitive agreement to sell 10 data center facilities for an aggregate purchase price of $225 million in cash. The buyer is a newly formed entity sponsored by I Squared Capital. The facilities are located in Phoenix, Arizona; Anaheim, Burbank, and Stockton, California; Atlanta, Georgia; Chicago, Illinois; Elkridge, Maryland; Kansas City, Missouri; Nashville, Tennessee; and Houston, Texas. The transaction is expected to close on the later of June 12, 2026, and the expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended.
"Cogent Communications Holdings, Inc. (“Cogent”) (NASDAQ: CCOI) today announced that its indirect wholly owned subsidiary, Cogent Fiber, LLC, has entered into a definitive agreement to sell 10 data center facilities for an aggregate purchase price of $225 million in cash to a newly formed entity sponsored by I Squared Capital."
"The 10 facilities are located in Phoenix, AZ, Anaheim, CA, Burbank, CA, Stockton, CA, Atlanta, GA, Chicago, IL, Elkridge, MD, Kansas City, MO, Nashville, TN and Houston, TX."
"The transaction is expected to close on the later of June 12, 2026, and the expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended."
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