Alphabet and CenturyLink Inc. might be eyeing bandwidth infrastructure and cloud services firm Zayo. A Bloomberg report on Friday suggested that preliminary talks were on, although it is still uncertain whether or not the initial interest would develop into a bidding process.
Private-equity firms including Blackstone, Stonepeak, KKR, I Squared, GTCR and Charlesbank have also reportedly shown interest in Zayo. Their buyout offers were reportedly in the range of low to mid $30 per share.
In pre-market trading on Monday, Zayo shares jumped around +5%.
Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.
a bandwith telecommunications service
Industry SpecialtyTelecommunications