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CenturyLink buys Level 3 for $34bn

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In a deal that creates the US’s second largest domestic communications provider serving global enterprise customers, telcos CenturyLink and Level 3 Communications have agreed a merger under which CenturyLink will acquire Level 3 in a cash and stock transaction valued at approximately $34 billion (€31.1bn), including the assumption of debt. Under terms of the agreement, […]

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