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Blackstone Paid $3B To Buy Out CEO Of Data Center Arm QTS

Summary by Bisnow
The founder and CEO of one of the largest artificial intelligence data center landlords in the country left his job four months ago, and new details are emerging about his multibillion-dollar departure agreement.  Private equity giant Blackstone, the parent company of QTS, paid $3B to buy Chad Williams' shares in the company as part of the CEO's March departure, Bloomberg reported Thursday, citing anonymous sources. The decision was made after t…
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Bisnow broke the news in on Friday, July 18, 2025.
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