There is unconfirmed chatter that Equinix, Inc. EQIX may be acquired by one of the larger telecoms at a substantial premium.
There is talk that either Verizon VZ or AT&T T would be the potential acquirer, in a range of $130 per share. This would be a 38% premium to where shares are currently trading.
Shares of Equinix are up 15 cents this morning to trade at $95.40.
EQIXEquinix Inc
$816.600.15%
Edge Rankings
Momentum43.21
Growth62.57
Quality24.61
Value14.79
Price Trend
Short
Medium
Long
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