Press Release

Morgan Lewis Represents Southern Light in $700M Sale to Uniti Group Inc.

2017年4月11日

WASHINGTON, April 10, 2017: Morgan Lewis is advising Southern Light in its sale to Uniti Group Inc. for $700 million in cash and equity. The transaction is expected to close during the third quarter of 2017 and is subject to customary closing conditions.

Southern Light is a leading provider of data transport services along the Gulf Coast region serving twelve Tier II and Tier III markets across Florida, Alabama, Louisiana, Georgia, and Mississippi. Their dense regional fiber network comprises nearly 540,000 fiber strand miles, 5,700 fiber route miles, and over 4,500 on-net locations. Uniti Group, an internally managed real estate investment trust, is engaged in the acquisition and construction of mission critical communications infrastructure, and is a provider of wireless infrastructure solutions for the communications industry.

Partners Andy Ray, Kim Taylor, and Ronald Del Sesto led the team with help from partners Howard Kenny, Tamar Finn, Andrew Lipman, Patrick Rehfield, Josh Brady, William McKee, and Harry Robins. Of Counsel Danielle Burt also provided assistance, along with associates Benjamin Stein, Andrew Arthur, Celia Soehner, Stephany Fan, Denise Wood, Sarah Brodie, Luisa Di Lauro, and Greta Burkholder.