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 …
The news that CenturyTel is buying Qwest Communications International in a stock swap worth $10.6 billion underscores how "U.S. phone companies are seeking combinations to add scale and make up for slowing fixed-line business," …
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 dropped at the open today ... Most of the options priced when CTL was trading for $33.02, just $0.07 off its lows for the session. The stock has since recovered and pushed back to $33.14 by the early afternoon but is still down …
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 …
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 …
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 …
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, …
Apr 23, 2010 (Datamonitor Financial Deals Tracker via COMTEX) -- CenturyTel, Inc. (CenturyLink) has entered into definitive agreement with Qwest Communications International, Inc., pursuant to which CenturyLink will acquire Qwest …
CenturyTel Inc., the provider of phone service in rural areas of Alabama and Missouri, agreed to buy larger carrier Kansas-based Embarq Corp. for about $5.8 billion in stock, almost quadrupling its subscriber base. Louisiana-based …