There is unconfirmed chatter that Equinix, Inc. (NASDAQ:
EQIX) may be acquired by one of the larger telecoms at a substantial premium.
There is talk that either Verizon (NYSE:
VZ) or AT&T (NYSE:
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.
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