M&A Reporting, CTFN

Jonathan Spitzer

M&A Reporting

CTFN

Bringing the marketplace leading coverage of mergers, events, and major corporate actions, CTFN has a team of seasoned reporters from Los Angeles to London, publishing news that advances stories that matter to event-driven investors and deal professionals.

Event-Driven

<p>Verizon Communications is selling its data center business, primarily what used to be known as Terremark, not the whole enterprise business, sources tell <a href="http://ctfn.news" target="_blank">CTFN</a>. &nbsp;A deal could fetch&nbsp;$3-$4 billion, rather than the $10 billion reported for a sale of the whole enterprise unit.</p>

Verizon Communications is selling its data center business, primarily what used to be known as Terremark, not the whole enterprise business, sources tell CTFN. &nbsp;A deal could fetch&nbsp;$3-$4 billion, rather than the $10 billion reported for a sale of the whole enterprise unit.

Verizon Selling Data Centers, Not Enterprise Unit