CenturyTel, a provider of local phone and Internet services, agreed on Monday to buy Embarq, its larger rival and a spinoff from Sprint Nextel, for about $5.76 billion in stock, in one of the first significant nonfinancial mergers …
NEW YORK — CenturyTel, the country’s fifth-largest local-phone company, said Thursday that it will buy Qwest Communications International, the third-largest, in a stock swap worth $10.6 billion to gain the benefits of …
CenturyTel says it is not for sale. Legg Mason upgraded CenturyTel shares to strong buy from buy. Analyst Michael Balhoff says CTL stock is deeply undervalued and that Alltel's bid highlights the undervaluation. He …
CenturyTel (CTL) has agreed to acquire Embarq (EQ) for $11. 6 billion in stock and the assumption of debt. The deal calls for each EQ share to be exchanged for 1.37 CTL shares, a 36% premium over Friday’s closing …
"We also made excellent progress with our share repurchase program announced in February, investing over $139 million to acquire more than 4.9 million shares of common stock." As previously announced, CenturyTel is …
At a special meeting of CenturyLink's shareholders held today in Monroe, approximately 96.3 percent of the votes cast supported the proposal to issue CenturyLink common stock to Level 3 stockholders in connection with …
Telecommunications carrier CenturyTel has agreed to buy Qwest Communications International for around US$10.6 billion in stock. The merged company will operate around 17 million phone lines and serve 5 million …
Looking to jumpstart its stock price, rural phone carrier CenturyTel Inc. unveiled a whopping tenfold increase in its dividend and said it would speed its share-repurchase program. CenturyTel's stock price surged 18% …
The Wall Street Journal
Embarq Corp. announced today the expectations of being acquired by telecommunications company CenturyTel in a tax free, stock-for-stock transaction. Embarq is the largest land-line phone provider in Southern Nevada. It …
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 unites the third …