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Fly News Breaks for June 18, 2015
INXN, DLR
Jun 18, 2015 | 10:48 EDT
Evercore ISI commented on recent reports speculating Digital Realty (DLR) could make a run for privately held Telx, Interxion (INXN), or both. The firm said a Digital Realty acquisition of Telx makes strategic and financial sense and an acquisition of Interxion could be accretive without synergies based on a $33 offer price. Evercore believes a combination of all three companies would create a new global interconnection platform that could be accretive if Telx's and Interxion's debt was refinanced.
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