Vertiv Holdings LLC, the data center and IT infrastructure spinout from Emerson Electric Co., will go public after a merger that values the company at $5.3. billion.

Vertiv Holdings Co (NYSE: VRT) announced the closing of a new seven-year $2.2 billion term loan.

Columbus-based Vertiv may be new to the stock market, but it has a long history in Columbus and big prospects amid a data center construction boom.

Every investor in GS Acquisition Holdings Corp (NYSE:GSAH) should be aware of the most powerful shareholder groups...

Cote's firm, GS Acquisition Holdings Corp , is a so-called special purpose acquisition company (SPAC), which raised $690 million in an initial public offering last year to buy a company without telling investors in advance what that would be. GS Acquisition could use the money it raised in the IPO, in addition to debt financing, to acquire Vertiv from private equity firm Platinum Equity.