Tag Archives: CenturyTel Inc.
CenturyTel To Acquire Qwest Communications For $10.6 Billion
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CenturyTel, Inc. (NYSE:CTL) has decided to acquire Qwest Communications International (NYSE:Q) for $10.6 billion through a stock-swap arrangement. CenturyTel will assume $11.8 billion in net debt too. This gives Qwest an enterprise value of $22.4 billion.
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