CenturyTel Inc. said Thursday April 22, 2010 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. (AP Photo/David Zalubowski, …
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 …
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, …
Under the terms of the merger, EMBARQ shareholders will receive 1.37 CenturyTel shares for each share of EMBARQ common stock they own at closing. CenturyTel shareholders are expected to own 34 percent of the combined …
CenturyTel, Inc. (CTL), which is re-branding itself as CenturyLink, has offered $10.6 billion in CenturyTel stock to acquire Qwest Communications (Q). Under terms of the deal, CenturyTel will also assume $11.8 billion of Qwest’s outstanding …
NEW YORK (AP) — 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 …
Embarq will ... corporations. CenturyTel provides communications, high-speed Internet and entertainment services in small-to-mid-size cities through its broadband and fiber transport networks. The new company will retain the New York Stock …
The stock was hit recently, but shares have recovered as the ... CenturyLink is the product of the acquisition of Embarq by CenturyTel in 2008 and Qwest Communications in 2011. Back in March, shareholders of CenturyLink and Level 3 …
NEW YORK - CenturyTel Inc., the country's fifth-largest local-phone company, said today 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 …