Tag Archives: mergers

Level 3 to Buy TW Telecom for $5.7 Billion

The owner of the world's biggest telecom network is about to get even bigger. Long-haul Internet provider Level 3 Communications Inc. LVLT -4.06% agreed to acquire rival TW Telecom for about $5.7 billion in cash and stock, merging the two companies' base of business customers as consolidation sweeps the communications sector. "Our primary competitors are…
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