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Zayo stock on the rise amid increased talks of takeover

Jensen Werley
Zayo stock on the rise amid increased talks of takeover

Zayo Group Holdings Inc. (NYSE: ZAYO) could be days away from a private-equity takeover and its stock prices are reflecting that. Its stock price was at $31.76 at time of publication, up 3 percent. The private-equity consortium includes Digital Colony Partners, EQT and Stonepeak Infrastructure partners, which is closing in on a deal, according to Seeking Alpha.