CyrusOne Inc. (NASDAQ: CONE) (the “Company” or “CyrusOne”) today announced the completion of its acquisition by funds managed by KKR, a leading global investment firm, and Global Infrastructure Partners (“GIP”), one of the world’s leading infrastructure investors, in an all-cash transaction valued at approximately $15 billion, including the assumption of debt (the “Transaction”). The Company also announced, effective today, that trading of its shares of common stock has been...
CyrusOne Inc. (NASDAQ: CONE) (“CyrusOne”), a premier global data center REIT, today announced it has closed the previously announced sale of its four Houston data center assets to DataBank Holdings Ltd. (“DataBank”). Additionally, CyrusOne will lease the Houston West III shell to support a lease signed with a hyperscale customer. Total consideration for the transaction is approximately $670 million, subject to a net working capital adjustment. “We are excited to close this transaction...
CyrusOne Inc. (NASDAQ: CONE), a premier global data center REIT, today announced fourth quarter and full year 2021 earnings. Highlights Category 4Q’21 vs. 4Q’20 FY’21 vs. FY’20 Revenue $318.4 million 19% $1,205.7 million 17% Net (loss) income $(7.0) million n/m $25.3 million (39)% Adjusted EBITDA $148.4 million 9% $579.8 million 8% Normalized FFO $123.9 million 8% $494.4 million 8% Net (loss) income per diluted common share $(0.06) n/m $0.20 (43)% Normalized FFO per diluted common share...
CyrusOne Inc. (NASDAQ: CONE), a premier global data center real estate investment trust (REIT), today announced it has achieved 100% renewable power at the company’s Dallas, TX headquarters and added the site to CyrusOne’s existing net water positive building portfolio. The headquarter offices will be CyrusOne’s first location that is both 100% renewable energy and net water positive. The move to renewable energy and water stewardship at its company headquarters is part of a broader effort...
CyrusOne Inc. (NASDAQ: CONE), a premier global data center real estate investment trust (REIT), today announced that Anthony Rizzo has been hired to serve as Vice President, Public Sector for CyrusOne. Based in Northern Virginia, Anthony brings over 20 years of experience in data center public sector and infrastructure solutions to CyrusOne. In his role, he will lead CyrusOne’s public sector and federal team in Northern Virginia. This press release features multimedia. View the full release...
CyrusOne Inc. (NASDAQ:CONE), a premier global data center REIT, today announced that it will issue results for the fourth quarter 2021 after the market closes on Wednesday, February 16, 2022. As a result of the previously announced definitive merger agreement pursuant to which KKR and GIP will acquire all outstanding shares of common stock of CyrusOne in an all-cash transaction, the Company will not conduct a fourth quarter 2021 earnings conference call. As announced on February 1, the proposal...
CyrusOne Inc. (NASDAQ: CONE) (the “Company” or “CyrusOne”), a premier global data center REIT, today announced its stockholders approved the previously announced merger pursuant to which funds managed by KKR, a leading global investment firm, and Global Infrastructure Partners (“GIP”), one of the world’s leading infrastructure investors, will acquire all outstanding shares of common stock of the Company. At a virtual special meeting held today, the proposal to approve the merger,...
CyrusOne Inc. (NASDAQ: CONE), a premier global data center REIT, today announced the tax allocations of 2021 distributions on shares of its common stock. The allocation of the 2021 distributions totaling $2.05 per common share for purposes of 2021 Form 1099-DIV reporting has been determined to be 2.710% ($0.055546 per share) taxable ordinary dividends qualifying under IRC Section 199A, 16.182% ($0.331735 per share) capital gain distributions, and 81.108% ($1.662718 per share) non-dividend...
CyrusOne Inc. (NASDAQ: CONE), a premier global data center real estate investment trust (REIT), today announced that it has enhanced the company’s commitment to environmental transparency by disclosing its environmental impact through CDP, a global non-profit that runs the world’s leading environmental disclosure platform. This is CyrusOne’s first year disclosing through CDP, where it completed the Climate Change and Water Security questionnaires. In its disclosure, CyrusOne shared its...
DigitalBridge Group, Inc. (NYSE:DBRG) (“DigitalBridge”) today announced that its portfolio company DataBank, a leading provider of enterprise-class colocation, interconnection and managed cloud services, has agreed to acquire four existing data centers in the Houston, Texas metro area from CyrusOne Inc., a premier global data center REIT, for $670 million. The transaction positions DataBank as the largest independent data center provider in Houston, the nation’s fourth-largest metro area....
CyrusOne Inc. (NASDAQ: CONE), a premier global data center REIT, announced today it has entered into a definitive agreement with DataBank Holdings Ltd. (“DataBank”) for the sale of its four Houston data center assets. Under the terms of the agreement, DataBank will acquire the Houston West I, II and III and Houston Galleria data centers from CyrusOne. Additionally, CyrusOne will lease back from DataBank the Houston West III shell to support a lease signed with a hyperscale customer in the...
SHAREHOLDER ALERT: WeissLaw LLP Investigates CyrusOne Inc. PR Newswire NEW YORK, Jan. 12, 2022 NEW YORK , Jan. 12, 2022 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of CyrusOne Inc. ("CyrusOne" or the "Company") (NASDAQ: CONE), in connection with the proposed acquisition of the Company by Kohlberg Kravis Roberts & Co. L.P. ("KKR"), a leading global investment firm, and Global Infrastructure Partners...
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Investors of an Investigation into the Fairness of the Merger of CyrusOne Inc. with KKR & Co. PR Newswire NEW YORK, Dec. 20, 2021 NEW YORK , Dec. 20, 2021 /PRNewswire/ -- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased CyrusOne Inc. (NASDAQ: CONE) ("CyrusOne" or the "Company") stock prior to November 15, 2021 . You are hereby notified that Levi & Korsinsky, LLP has commenced an...
CYRUSONE INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of CyrusOne Inc. - CONE PR Newswire NEW ORLEANS, Dec. 14, 2021 NEW ORLEANS , Dec. 14, 2021 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of CyrusOne Inc. (NasdaqGS: CONE) to KKR and Global Infrastructure Partners. Under the...
CyrusOne Inc. (NASDAQ: CONE), a premier global data center real estate investment trust (REIT), announced that it has joined the CEO Action for Diversity & Inclusion™ pledge. The pledge calls upon CyrusOne and participating organizations to accelerate diversity and inclusion programs. Signing the pledge provides CyrusOne an enhanced framework to engage with stakeholders on DE&I issues, bring third-party expertise to existing DE&I efforts, and provide access to additional resources....
SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of CyrusOne Inc. - CONE PR Newswire NEW YORK, Nov. 23, 2021 NEW YORK , Nov. 23, 2021 /PRNewswire/ -- Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm rated Top 50 in the 2018-2020 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City , is investigating CyrusOne Inc. ("CONE" or the "Company") ( CONE ) relating to...
CYRUSONE INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of CyrusOne Inc. - CONE PR Newswire NEW ORLEANS, Nov. 17, 2021 NEW ORLEANS , Nov. 17, 2021 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of CyrusOne Inc. (NasdaqGS: CONE) to KKR and Global Infrastructure Partners. Under the...
NEW YORK, NY / ACCESSWIRE / November 16, 2021 / The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased CyrusOne Inc. (NASDAQ:CONE) ("CyrusOne" or the "Company") stock prior to November 15, 2021 . You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the merger of CyrusOne with KKR & Co. Under the terms of the merger, CyrusOne stockholders will receive $90.50 in cash for each share of CyrusOne...
ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of CyrusOne Inc. PR Newswire NEW YORK, Nov. 15, 2021 NEW YORK , Nov. 15, 2021 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by CyrusOne Inc. (NASDAQ: CONE) and its board of directors concerning the proposed acquisition of the company by KKR and Global Infrastructure Partners. Stockholders will receive $90.50 for each share of CyrusOne stock that they hold. The transaction is valued at...
Shareholder Alert: Ademi LLP investigates whether CyrusOne Inc. has obtained a Fair Price in its going private transaction with KKR and GIP PR Newswire MILWAUKEE, Wis., Nov. 15, 2021 MILWAUKEE, Wis. , Nov. 15, 2021 /PRNewswire/ -- Ademi LLP is investigating CyrusOne (NASDAQ: CONE), for possible breaches of fiduciary duty and other violations of law in its transaction with KKR and GIP. Click here to learn how to join the action: https://www.ademilaw.com/case/cyrusone-inc or call Guri Ademi...
