11.05.2022 13:55:15
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Switch Inc. To Be Taken Private In Deal Valued At Approx. $11 Bln
(RTTNews) - Switch, Inc. (SWCH) has entered into a definitive agreement with DigitalBridge Group, Inc. (DBRG), under which DigitalBridge Partners II, and an affiliate of IFM Investors will acquire all outstanding common shares of Switch for $34.25 per share in an all-cash deal valued at approximately $11 billion, including the assumption of debt. Upon completion, Switch will no longer be traded or listed on any public securities exchange.
As a result of the announcement, the company has cancelled its first quarter earnings call.
![](https://images.finanzen.at/images/unsortiert/wertpapierdepot-absichern-aktienchart-boerse-750493204-260.jpg)
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