A Locke Lord team led by Rob Mouton (New Orleans) and Bob Baute (Providence) represented Melody Investment Advisors LP in connection with the acquisition of 90% of Uniti Towers, the wireless tower business of real estate investment trust Uniti Group Inc. (NASDAQ: UNIT), for approximately $220 million in cash. Uniti Towers develops macro communications towers and owns over 500 towers based in the United States. The transaction closed on June 1, 2020. Additional assistance was provided by Baker Coon and Michael Serra (both of Providence), Victoria de Lisle, Rick Kuebel and Natalie White (all of New Orleans), Ben Ferrucci, Jim Rubens and Tanya Embers (all of Boston), Will Becker and David Allen (both of Dallas) and Michael Bennett (Chicago).
Posted on June 5, 2020