Market Chatter: SBA Communications Said to Consider Potential Sale

MT Newswires Live04-03

SBA Communications (SBAC) is exploring a potential sale, among other options, after receiving preliminary takeover interest, Bloomberg reported Thursday, citing people familiar with the matter.

Large infrastructure funds "have been circling" the tower owner and operator, the report said, citing the people.

SBA didn't immediately reply to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 194.80, Change: +23.24, Percent Change: +13.55

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