Fergie's Tech Blog

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.

posted by Fergie @ 10/17/2006 10:25:00 AM