Data center REITs Digital Reality and DuPont Fabros join forces in $7.6 billion merger

June 16, 2017 03:53PM

If there was any doubt about the value of data center real estate investment trusts, the merger of San Francisco’s Digital Realty and Washington D.C.-based DuPont Fabros, in an all-stock transaction worth $7.6 billion, should dispel any questions. The deal, which is expected to close in the second half of 2017, will see DuPont Fabros shareholders receiving 0.545 Digital Realty shares for each DuPont share they own. The new merged company will be worth $34.3 billion according to its investor report. [Globe Street]