Crown Castle (NYSE:CCI) is selling its fiber network to Zayo and its small cell and venue assets to an EQT fund for a total of $8.5 billion, focusing solely on its tower business. The proceeds from the sale will be used to pay down debt and for a $3 billion share repurchase program, which would represent just under 7% of the shares at the current price. On the other hand, the dividend will be cut by almost a third:
https://finance.yahoo.com/news/crown-castle-sells-fiber-business-231826165.html
Edit: Initial stock price reaction +9%