Author: Nichols Martin|| Date Published: August 27, 2021
Shareholders at QTS Realty Trust (NYSE: QTS) voted Thursday to approve the data center service provider’s sale to affiliates of The Blackstone Group for approximately $10 billion in cash, or $78 per share.
QTS said Thursday it expects to close the transaction by the end of August and the company’s common and preferred stocks will cease trading on public markets once the deal is completed.
Both parties first announced in June that Blackstone Infrastructure Partners, Blackstone Property Partners and Blackstone Real Estate Income Trust will acquire all outstanding shares of QTS.
The companies expect the senior management team of QTS will continue overseeing its operations and the data center infrastructure provider will maintain its corporate office in Overland Park, Kansas.
GreyNoise Intelligence has launched a command-and-control detection capability designed to give federal agencies earlier visibility into compromised infrastructure. GreyNoise’s new…
Textron Aviation Defense has been awarded a five-year, $150 million contract to provide sustaining engineering and program management, or SEPM, services…
Merlin, an aerospace and defense technology company, has appointed former PsiQuantum executive Mark Brunner as chief revenue officer. What Will Mark Brunner Oversee?…
Fortreum has acquired Kovr.AI, an AI-native cybersecurity compliance platform, to combine automated compliance capabilities with independent assessment services for federal…
