Aug 05, 2015
Tower Sale Harvests Capital from Non-Strategic Assets August 5,2015 - Greenwhich, Connecticut - Townsquare Media, Inc. (NYSE:TSQ) (the “Company”) today announced that it has entered into an agreement to sell 43 towers to a subsidiary of Vertical Bridge Holdings, LLC for approximately $22.8 million in cash, subject to closing adjustments (the “Tower Sale”). The Company will retain ownership of more than 250 towers following the Tower Sale. Read More >
Dec 11, 2014
Company Converts to Lease Arrangement To Continue To Use Those Towers To Broadcast Its Radio Stations December 11, 2014 – New York, NY – iHeartMedia, Inc. (OTCBB: IHRT), one of the leading global media and entertainment companies, announced today the sale of a select portfolio of its tower assets toVertical Bridge for up to $400 million. The transaction is subject to due diligence and other customary closing conditions. Read More >
Dec 11, 2014
CHICAGO, (December 4, 2014) — United States Cellular Corporation (NYSE: USM) today announced that it has entered into a definitive agreement with Vertical Bridge Holdings, LLC to sell 595 towers for approximately $159 million. The transaction is expected to close in the first quarter of 2015. Read More >
Nov 11, 2014
Significant additional equity investment by Digital Bridge Holdings and The Jordan Company Major new commitments from GS Infrastructure Partners (Goldman Sachs) and Stonepeak Infrastructure Partners Over $1 billion of committed capital to fund investment in growth of the business Read More >
Oct 02, 2014
  Boca Raton, FL, October1, 2014 - Vertical Bridge Holdings, LLC., a privately owned tower company, today announced that it has completed the acquisition of six additional tower portfolios with assets in the Great Lakes region, through the Eastern US, Puerto Rico, and a number of Southern markets. These newly acquired portfolios further expand Vertical Bridge’s footprint in key regions of the United States. Read More >

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