At the Robin Hood Investors Conference, hedge fund Corvex Management wants CCI to
a) increase the dividend payout ratio or
b) Lever up "to 6x", then buy Verizon towers. CCI presents an "80% AFFO Payout Scenario (1.20x Coverage) or "90% AFFO Payout Scenario (1.10x Coverage)".
Aren't wireless towers operators inherent with technology risk ?
Opinions ?
Robin Hood Investors Conference presentation:
http://www.corvexccipresentation.com/wp-content/uploads/2014/10/Keith-M…
Ducimus autem cupiditate perspiciatis occaecati impedit impedit qui. Ut omnis tenetur libero est voluptatum. Soluta dolor rerum architecto quae est aut et culpa.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...