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Actionable news in DLR: DIGITAL REALTY TRUST Inc,

Completion of Acquisition or Disposition of

On October9, 2015, Digital Realty Trust, Inc., a Maryland corporation (the Company, we, us, or our) completed the previously announced acquisition of Telx Holdings, Inc. (Telx) from private equity firms ABRY Partners and Berkshire Partners (the Telx Acquisition). Telx was acquired pursuant to an Agreement and Plan of Merger (the Merger Agreement) by and among the Company, Digital Delta, Inc., a Delaware corporation and wholly owned subsidiary of the Company, Telx and BSR LLC, as the sellers representative. The purchase price, which was determined through negotiations between us and the sellers, was approximately $1.886 billion (subject to certain adjustments contemplated by the Merger Agreement). The purchase price was paid in cash and was funded with the net proceeds from the previ ously disclosed (i)public offering of 10,000,000 shares of our 6.350% Series I Cumulative Redeemable Preferred Stock completed on August24, 2015, (ii)private placement by Digital Delta Holdings, LLC, a Delaware limited liability company and wholly owned subsidiary of the Company, of $500 million aggregate principal amount of its 3.400% Notes due 2020 and $450 million aggregate principal amount of its 4.750% Notes due 2025 completed on October1, 2015, and (iii)sale of 10,500,000 shares of Digital Realty Trust, Inc.s common stock on October8, 2015 pursuant to certain forward sale agreements entered into in connection with the...


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