Radius Global delays earnings release amid buyout reports, shares up

Radius Global Infrastructure

01/03/2023 16:07

** Shares of cell tower infrastructure firm Radius Global
Infrastructure Inc  RADI.O  up ~2% at $13.88 in morning trade 
    ** Co delays previously scheduled quarterly and full-year
earnings release and cancels the conference call amid reports of
its buyout 
    ** Consortium led by EQT AB  EQTAB.ST  nearing a deal to buy
RADI for a value of about $1.33 billion - Bloomberg News
    ** YTD, RADI stock has gained nearly 18% versus an 8% rise
in Nasdaq Composite Index  .IXIC  

 (Reporting by Pratyush Thakur)
 ((Pratyush.Thakur@thomsonreuters.com))