American Tower Acquires CoreSite Realty Corporation

November 15, 2021

American Tower Corporation has acquired CoreSite Realty Corporation in an all-cash transaction valued at approximately $10.1 billion including assumed debt, paying $170.00 per share. The deal brings CoreSite's 25 highly interconnected U.S. data centers into American Tower's communications real estate platform to accelerate the combined company's edge-computing, interconnection and 5G-related capabilities.

Buyers
American Tower Corporation
Targets
CoreSite Realty Corporation
Sellers
CoreSite stockholders
Location
Colorado, United States
Transaction Type
Buyout

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