Centurylink Buys Level 3 -

CenturyLink shareholders owned roughly 51% of the combined company; Level 3 shareholders owned about 49%.

The deal allowed CenturyLink to utilize approximately $10 billion in tax credits (net operating losses) from Level 3. 🌐 Strategic Impact CENTURYLINK TO ACQUIRE LEVEL 3 COMMUNICATIONS centurylink buys level 3

Approximately $34 billion (including roughly $7 billion in assumed debt). Payment Structure: A mix of cash and stock. Cash: $26.50 per share. Stock: 1.4286 shares of CenturyLink for each Level 3 share. CenturyLink shareholders owned roughly 51% of the combined

CenturyLink completed its acquisition of Level 3 Communications on . The transaction, valued at approximately $34 billion including debt, transformed CenturyLink into the second-largest U.S. communications provider serving global enterprise customers. Transaction Details centurylink buys level 3