The Ouachita Citizen
Today is Wednesday, May 22nd, 2013Subscribe Today!
Home · News · Columns · Editorials · Letters to Editor · Sports · Tempo · Obituaries · Public Notices
Main Menu
• Home
• Links of Interest
• Pictorial History
• Polls & Surveys
• Public Notices
• Read Our E-Edition
• Recommend Us
• RSS Feeds
• Search Our Site
• Site Statistics
• Story Archives
• Top 5 Most Popular
• Contact Us

Ads by Google

Current Poll
Should members of the LSU Board of Supervisors disclose who receives their scholarships?
Yes
No
Don't Care
No Opinion

View Results
Story Archives: CenturyLink announces another acquisition


CenturyLink announces another acquisition
posted Thursday, April 29th, 2010 @ 9:57 amE-mail Story E-mail Story | Print Story Print Story 
CenturyLink announced late last week it will acquire Denver's Qwest Communications, making the Monroe company the third largest telecommunications firm in the United States.

CenturyLink's and Qwest Communications' board of directors approved the merger, which would allow CenturyLink to acquire Qwest in a tax-free, stock-for-stock transaction.

Based on the closing stock price of CenturyLink on April 21, the transaction reflected an enterprise value of Qwest of approximately $22.4 billion, including the assumption of $11.8 billion of Qwest's net debt outstanding as of December 31, 2009.
For the full report, see Page 3A of this week's Citizen.

Subscribe to The Ouachita Citizen, your locally owned newspaper since 1924, by calling (318) 322-3161, ext 201. A one-year subscription costs a low $25 for Ouachita Parish addresses. We honor senior citizens with a discounted $20 per year rate for parish delivery.
Search Our Site

Advertising

Local Weather
© 2002-2013 The Ouachita Citizen - All Rights Reserved
Web Site Design by Panther Networks, Inc.