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DOShea
DOShea
7/8/2014 | 7:21:10 AM
Re: Remarkable sequence...
The buying binge has been part of Zayo's identity for as long as I can remember. Similar to Level 3 in some ways for sure, though we have never heard much about problems integrating the acquistions. Going public, needless to say, will bring much more scrutiny to this company from top to bottom.
Joe Stanganelli
Joe Stanganelli
7/5/2014 | 2:33:45 AM
The Bailout Business Plan
Ha!  Perhaps Zayo's strategy is to buy as many companies as it can and get as puffed up as it can...and leave it at that, profits-be-damned.

After all, as recent US history has taught us, if you're a big enough company, it doesn't matter if you fail.
bosco_pcs
bosco_pcs
7/4/2014 | 1:13:45 PM
Re: Remarkable sequence...
Ray:

 

Size matters! This roll-up strategy may even be cheaper than the built-out (remember the early years of Level 3?) 

 

I don't follow the infrastructure folks anymore but some of the acquisitions like Abovenet were rather hot at one point or another. So if Zayo can manage its finances well before the era of cheap money runs its course, it may very well prosper. Look at Level 3, what a survivor!

 

disclosure: I own a few shares of LVLT
Ray@LR
[email protected]
7/4/2014 | 11:23:40 AM
Remarkable sequence...
That is an extraordinary list of acqusitions, and the company says there's more to come!

But how attractive will that, and the $3 billion debt pile, make its shares?

It'll be interesting to see how much it tries to raise - the $100 million figure is the usual placeholder with an initial S1.


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