Wiggin and Dana LLP advised AboveNet, Inc. in connection with its entering into a Merger Agreement with Zayo Group, LLC and related matters.

On March 19, AboveNet and Zayo announced that their boards of directors have approved a definitive agreement under which Zayo will acquire AboveNet for approximately $2.2 billion. Under the terms of the agreement, AboveNet’s stockholders will receive $84.00 per share in cash for each share they hold. The merger agreement contains a 30-day “go-shop” provision, whereby AboveNet has the right to solicit and enter into discussions with respect to alternative acquisition proposals until April 17, 2012, subject to extension to May 2, 2012 under certain circumstances. The combination is expected to create a leading pure-play bandwidth infrastructure provider.

White Plains, New York-based AboveNet (NYSE: ABVT) is a leading provider of high bandwidth connectivity solutions for businesses and carriers. Its private optical network delivers key network and IP services in and among top U.S. and European markets. AboveNet’s network is widely used in demanding markets such as financial and legal services, media, health care, retail and government.

The Wiggin and Dana Mergers and Acquisitions team was led by corporate partner Scott Kaufman and included counsel William Kilgallen and associates Toby Bannon and Robert Kipperman.