CARY, N.C.-SpectraSite Holdings Inc. said it completed its acquisition of Vancouver, Wash.-based Westower Corp., a communications tower development and construction firm.
Under terms of the transaction, 1.81 shares of SpectraSite common stock were exchanged for each outstanding share of Westower stock, said SpectraSite.
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Morgan Stanley Dean Witter, Goldman Sachs and Credit Suisse First Boston agreed to serve as market makers.