Windstream Pays $310M For PE-backed Hosted Solutions

Publicly traded Windstream Corp. will pay $310 million for Raleigh, N.C.-based Hosted Solutions, providing an exit for private equity shop ABRY Partners. Boston-based ABRY bought Hosted Solutions in 2008 for roughly $140 million. Hosted Solutions is a Raleigh, N.C.-based provider of data center and managed web services.

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