Tower in legacy crosshairs after 28% share slump
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • X
  • LinkedIn
  • Email
  • Free trial
  • Log in

Tower in legacy crosshairs after 28% share slump

19 September 2013
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • X
  • LinkedIn
  • Email

US carrier Tower's share price fell by nearly a third in a day's trading for the second time in six weeks yesterday (18 September), taking the stock's earnings multiple to a level that may interest legacy acquirers.

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News M&A
Gift this article