Big Telecom M&A News: CenturyLink to Acquire Level 3 in $34B Deal
Well, here we have it. The next big telecom M&A was announced today: CenturyLink confirmed it will acquire Level 3 Communications for a reported $25 billion plus the Level 3 debt assumed, totaling a $34 billion deal. This acquisition creates what will be the second largest domestic provider in the US, rivaling AT&T and Verizon in [...]