ATN International to Sell 214 Southwest Towers in Up to $297M Deal; Shares Jump Premarket
ATN International said it has reached an agreement to sell 214 wireless towers located in the Southwestern United States to Everest Infrastructure Partners for up to $297 million in cash. Shares of ATN climbed 15.9% in premarket trading following the announcement. The company expects initial gross proceeds of roughly $250-$270 million, with additio…