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CyrusOne Paying $490 Million for 20Data Centers

CyrusOne agreed to buy two data centers from Sentinel Data Centers for $490 million, the acquirer said in a Monday news release. The data centers are in Raleigh-Durham, North Carolina, and Somerset, New Jersey. CyrusOne said it expects to close…

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the deal in 30-45 days subject to customary closing conditions. It’s a good deal that diversifies CyrusOne’s customer base by adding healthcare and financial services customers, Wells Fargo analyst Eric Luebchow wrote investors.