GLBC sold for $23.04 a share ... TSTY sold for $4 per share. Stock averages end narrowly mixed after chopping in two-sided trading throughout the low-volume session. Attention turns to the latest round of earnings releases, beginning with …
Level 3 Communications (LVLT) surged after it says it will buy Global Crossing (GLBC) in a tax-free, stock-for-stock transaction. GLBC shareholders will receive 16 shares of LVLT common stock for each share of GLBC common stock
In a deal that combines a pair of telecom service providers, Level 3 Communications (LVLT) this morning said it has agreed to acquire Global Crossing (GLBC) in a tax-free stock swap worth $3 billion, including the assumption of $1.1 billion in …
The third and final machine acquisition for the packaging manufacturer is its new Label Laminator, the Stock LLM/HP. …
Level 3 Communications, Inc. (NASDAQ: LVLT) is acquiring Global Crossing Limited (NASDAQ: GLBC). The deal will be a stock-for-stock tax-free merger. Based on Level 3’s closing stock price on Friday, the transaction is valued at $23.04 …
Fitch Upgrades Level 3 Communications IDR to 'B'; Outlook Positive October 04, 2011 12:41 PM Eastern Daylight Time CHICAGO-- ... (GLBC) in a tax free, stock for stock transaction. The upgrade of LVLT's ratings recognizes, in …
The rating actions follow LVLT's announcement that the company closed on its previously announced agreement to acquire Global Crossing Limited (GLBC) in a tax free, stock for stock transaction. The upgrade of LVLT's ratings recognizes, in …
Our Swing Trading with PowerRatings Model Trade of the Week is ^GLBC ... 9 was for many swing traders the signal for a potential trading opportunity in GLBC should the stock continue lower. Earning PowerRatings of 9 on July 14, …
TEL AVIV (MarketWatch) - Global Crossing Ltd., glbc the Florham Park, N.J., provider of telecom services to enterprises, government and telecom carriers, definitively agreed to be acquired by Level 3 Communications Inc. LVLT, -2.77% for …
If approved, the acquisition is expected to close by year’s end. Level 3 announced April 11 that it intends to buy Florham, N.J.-based Global Crossing (Nasdaq: GLBC) in a stock and debt assumption deal. Level 3 would assume $1.1 billion in …