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Level 3 Communications to buy TW Telecom in $7.3 billion deal

2014-06-16 15:07:52| Telecom - Topix.net

Level 3 Communications Inc. and tw telecom have reached a deal, intended to qualify as a tax-free reorganization, whereby Level 3 will acquire tw telecom in a stock-and-cash transaction valued at $7.3 billion, or $40.86 per share based on market close as of June 13. Under the terms and subject to the conditions of the agreement, tw telecom ... (more)

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Category:Telecommunications

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