Lightower to Merge with Sidera Networks
Lightower Fiber Networks and Sidera Networks announce they have signed a definitive agreement for a transaction valued at over $2 billion led by Berkshire Partners, a Boston-based investment firm, and management, to acquire and merge both companies. Current Lightower CEO, Rob Shanahan, will lead the new combined company, which will be called Lightower.The merger is expected to close in the second quarter of [...]