Was approved by the Louisiana-based CenturyTel to acquire Qwest in aa 10.6 billion exchange of stock, reports The New York Times. It will also assume Qwest nearly 11.8 billion dollars of debt, which gives an enterprise value of Quest from 22.4 billion dollars.
Thursday, April 22, 2010
Centurytel
Was approved by the Louisiana-based CenturyTel to acquire Qwest in aa 10.6 billion exchange of stock, reports The New York Times. It will also assume Qwest nearly 11.8 billion dollars of debt, which gives an enterprise value of Quest from 22.4 billion dollars.
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