CTL had been buying other phone companies for nearly 30 years under the name CenturyTel, before taking its current name ... as about 513 million new shares are being created in the stock portion of this transaction. Currently, there are …
NEW YORK — CenturyTel Inc., the country’s fifth-largest local phone company, plans to buy the third-largest, Qwest Communications International Inc., in a stock deal worth more than $10 billion so the companies can try to better deal …
CenturyTel Inc. Monday said it will buy Embarq Corp., a larger fellow phone company, for stock initially valued at $5.8 billion. Analysts said the move was a harbinger of further deals for rural phone companies, which are suffering from line …
CenturyTel Inc. Monday said it will buy Embarq Corp., a larger fellow telephone company, for stock initially valued at $5.8 billion. Analysts said the move was a harbinger of further deals for rural phone companies, which are suffering from line …
Telecommunications company CenturyLink, Inc. (CTL), previously CenturyTel, announced Thursday that it has agreed to acquire Qwest Communications International, Inc. (Q) in a proposed $10.6 billion stock-swap deal. The merger, …
announced today that their Boards of Directors have approved a definitive agreement under which CenturyTel will acquire EMBARQ in a tax free, stock-for-stock transaction creating one of the leading communications companies in the …
would give Qwest shareholders $6.02 per share of stock owned as of Wednesday's market close, a premium of about 15 percent over the closing price of $5.24. CenturyTel, which trades on the New York Stock Exchange, closed Thursday …
NEW YORK - CenturyTel Inc., the country's fifth-largest local-phone company, said yesterday that it will buy Qwest Communications International Inc., the third-largest, in a stock swap worth $10.6 billion to gain the benefits of scale in a …
NEW YORK — CenturyTel Inc. said Thursday that it will buy Qwest Communications International Inc. in a stock swap worth $10.6 billion, creating a telecommunications giant serving customers in 37 states. The deal will have an impact …