9/09/13

American Tower Corp., of Boston, has agreed to acquire MIP Tower Holdings L.L.C., a private REIT and the parent company of Global Tower Partners, Boca Raton, Fla., and related companies, for about $4.8 billion, the buyer, which is also a REIT, announced Friday.  TCA considers this additional evidence that it is a good time to sell wireless infrastructure and associated cash flows.