According to the Complaint, Zayo Group Holdings, Inc. provides mission-critical bandwidth to the world’s most impactful companies.

This action stems from a proposed transaction announced on May 8, 2019, pursuant to which Zayo will be acquired by affiliates of Digital Colony Partners and EQT Infrastructure Fund. Pursuant to the terms of the Merger Agreement, Zayo’s stockholders will receive $35.00 in cash for each share of Zayo common stock they own.

On June 3, 2019, Defendants filed a proxy statement with the United States Securities and Exchange Commission in connection with the Proposed Transaction. The Complaint alleges that the Proxy Statement omits material information with respect to the Proposed Transaction, which renders the Proxy Statement false and misleading.

This case was voluntarily dismissed on September 12, 2019.