SBA Communications Corporation (NASDAQ:SBAC) Files An 8-K Other Events
On December 9, 2016, SBA Communications Corporation (SBA)
announced that it has filed with the Securities and Exchange
Commission a definitive proxy statement/prospectus for a special
meeting of its shareholders for the purpose of its shareholders
considering and voting on a proposal to approve the Agreement and
Plan of Merger, dated November 10, 2016, between SBA and its
wholly owned subsidiary, SBA Communications REIT Corporation.A
copy of the press release, dated December 9, 2016, is filed
herewith as Exhibit 99.1, and is incorporated by reference
Item9.01 Financial Statements and Exhibits.
Press release issued by SBA Communications Corporation on
December 9, 2016.
About SBA Communications Corporation (NASDAQ:SBAC)
SBA Communications Corporation is an independent owner and operator of wireless communications tower structures, rooftops and other structures that support antennas used for wireless communications. The Company’s operating segments include site leasing and site development. The site leasing business includes segments, domestic site leasing and international site leasing. The Company’s primary business line is its site leasing business. In its site leasing business, the Company leases antenna space to wireless service providers on towers that it owns or operates, and manages rooftop and tower sites for property owners under various contractual arrangements. The Company owns approximately 25,460 towers. It also manages or leases approximately 5,500 actual or potential towers. The Company’s other business line is its site development business, through which it assists wireless service providers in developing and maintaining their own wireless service networks. SBA Communications Corporation (NASDAQ:SBAC) Recent Trading Information
SBA Communications Corporation (NASDAQ:SBAC) closed its last trading session down -0.74 at 98.55 with 889,440 shares trading hands.