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American Tower Gets SEC Subpoena For Tax-Related Documents

DOW JONES NEWSWIRES American Tower Corp. (AMT) received a subpoena from the U.S. Securities and Exchange Commission related to the company's tax accounting and reporting. The cell-tower operator said it will cooperate fully with the SEC's request for certain documents from 2007 through the present. Last month, the company got board approval to take the steps necessary to reorganize as a real estate investment trust no earlier than Jan. 1, 2012. At the time, American Tower said converting to an REIT structure was the optimal cash distribution and tax strategy given the nature of its assets and business. The company also reported in May its first-quarter profit declined 4.6% as operating margins fell and interest expenses grew, masking better-than-expected revenue growth. Shares were trading down 10% at $49 premarket. The stock has risen 28% over the past year, as of Thursday's close. -By Melodie Warner, Dow Jones Newswires; 212-416-2283; melodie.warner@dowjones.com

Stock News for American Tower (AMT)
DateTimeHeadline
02/10/201610:17:35Amended Statement of Ownership (sc 13g/a)
02/03/201616:30:00American Tower Plans Fourth Quarter and Full Year 2015 Earnings...
01/20/201616:30:00American Tower Corporation Announces Tax Reporting Information...
01/12/201616:31:26Current Report Filing (8-k)
01/11/201616:19:45Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
01/08/201617:29:44Current Report Filing (8-k)
01/08/201617:25:00American Tower Corporation Prices Senior Notes Offering
01/08/201617:01:29Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
01/08/201609:28:29Prospectus Filed Pursuant to Rule 424(b)(5) (424b5)
12/30/201516:30:00American Tower Corporation to Webcast Keynote at the 2016 Citi...
12/17/201516:43:03Statement of Changes in Beneficial Ownership (4)
12/10/201507:08:33Current Report Filing (8-k)
12/03/201516:38:52Current Report Filing (8-k)
12/03/201516:30:00American Tower Corporation Declares Quarterly Distribution
11/30/201517:00:00American Tower Corporation to Hold Investor Day on December 10...
11/23/201516:38:03Tech Dividends: Finding Yields That Are Real
11/18/201516:59:30Statement of Changes in Beneficial Ownership (4)
11/18/201516:58:12Statement of Changes in Beneficial Ownership (4)
11/10/201516:30:00American Tower Corporation to Present at the 2015 Morgan Stanley...
11/05/201516:30:00American Tower Corporation to Present at the Wells Fargo 2015...

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