Green Street Infrastructure is reportedly saying SBA Communications (SBAC) take private talks hit a “snag” as KKR went “pencils down” on the deal due to concerns about an elevated valuation and the equity commitment required, trading sources told The Fly. Shares of SBA closed down about 2% at $213.61.
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Read More on SBAC:
- SBA Communications price target raised to $245 from $244 at Barclays
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