American Tower Reports Deal to Buy Global Tower Partners for $4.8B, Made Up of $3.3B in Cash, $1.5B in Debt

American Tower Corporation (NYSE: AMT ) today announced that it has entered into a definitive agreement to acquire 100% of the outstanding common membership interests of MIP Tower Holdings LLC, a private real estate investment trust, which is the parent company of Global Tower Partners (“GTP”), and related companies, for a total purchase