SBA Communication Corporation (NasdaqGS:SBAC) is seeking acquisitions to meet the return requirements. Brendan Cavanagh, Executive Vice President and Chief financial Officer of SBA Communication, said, “I think the best I can tell you, Phil, is that you should expect that we will stay at or slightly above the high-end of our target leverage range, and that investable capital will either go into acquisitions or stock repurchases. But we are only going to buy acquisitions that meet our return requirements, and were only going to buy stock when we believe it is below intrinsic value.”