Tuesday, October 17, 2006

Level 3 Plans $1.4B Broadwing Buyout

Ed Sutherland writes on internetnews.com:

Accelerating its push into the retail enterprise fiber-optic market, wholesaler Level 3 announced a $1.4 billion cash and stock acquisition of Austin, Texas-based Broadwing.

The deal, the latest in a series, effectively doubles Level 3's enterprise revenue.

More here.


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