Those who bought Qwest (Q) shares with me on my January 7th recommendation should not be in a rush to sell today on news that CenturyTel (NYSE:CTL) has acquired the company in an all-stock "merger." We bought shares because …
based on the prior closing price of $36.20 for CenturyTel stock, for a total transaction value of approximately $10.6 …
CenturyTel Inc.'s $6.2 billion stock purchase of larger telephone service provider Embarq Corp. won approval from the Federal Communications Commission, officials said. The deal, which would create a company called CenturyLink with …
... and Embarq has agreed to merge where CenturyTel the people who provide local phone and internet services agreed to buy Embarq who are the spinoff from Sprint Nextel for around about $5.76 billion in stock, excluding debt This new deal …
CenturyTel's stock-swap deal for Qwest would shore up the combined company by helping it reduce expenses and improve its ability to compete with cable. But it would still be in the grip of a dismal trend: The number of landlines in the U.S. …
Telecom/broadband play CenturyLink Inc. (CTL), formerly known as CenturyTel, boasts 15 million telephone access ... according to my analysis. Stock Category: CenturyLink's is ideal for investors who want a moderate-risk telecomm …
WASHINGTON – CenturyTel Inc. on Thursday said it will buy Qwest Communications International Inc. for $10.6 billion in stock, making it the third-largest provider of traditional local-phone service in the United States. The proposed merger is …
Stockholders of telecommunications provider CenturyLink have approved changing the company's legal name from CenturyTel Inc. to CenturyLink ... Thursday's CenturyLink annual meeting in Monroe. The company's stock will continue …
CenturyTel will spend $10.3 billion buying Qwest stock and will assume $11.8 billion in debt. The deal comes two years after CenturyTel’s predecessor company purchased Embarq Telecommunications for $11.6 billion to become …
CenturyTel's stock-swap deal for Qwest would shore up the combined company by helping it reduce expenses and improve its ability to compete with cable. But it would still be in the grip of a dismal trend: The number of landlines in the U.S. …