Level 3 To Be Acquired By CenturyLink For $34 Billion
Broomfield, Colorado-based Level 3 is being acquired by CenturyLink, the two companies announced this morning, confirming earlier rumors of an acquisition deal in the works. According to the two, the deal is valued at $34 billion in cash and stock. CenturyLink said it would pay $26.50 per share for Level 3. Both companies are major providers of broadband connectivity.
posted on Monday, October 31, 2016
Related companies:
Level
Related stories:
> Level 3, CenturyLink In Merger Talks, Say Reports
> Qwest Acquired By CenturyLink In $10.6 Billion Deal
> CenturyLink Names VP
> C7 Data Centers Links Into CenturyLink's Fiber Network
> CenturyLink Considers Rackspace Buy, Says Report
Techrockies.com Home