August 25, 2010 by staff
Centurylink, CenturyLink has signed a definitive agreement with Qwest pursuant to Qwest CenturyLink acquire stock in trade. CenturyLink, formerly known as CenturyTel is the fifth largest local telephone company in the United States. The purchase of Qwest, the third, both struggling with declining fixed-line telephony for mobile phones. The transaction represents an approximate value of 22.4 million and Qwest, including the purchase of 11 800 million pesetas Qwest’s net debt outstanding 31st December 2009. The launch of Jamie Averett-Mitchell, director of market development and CenturyLink Media Relations announced that the company has in store recently, high-speed Internet equipment Long Road Roxboro, Brauer, John and Maurice Daniels Road, dessert installed the northern district the person. Barclays Capital, Inc., Evercore Partners Inc. and JP Morgan Securities Inc. acted as financial advisor, while Wachtell, Lipton, Rosen & Katz and Jones Walker Waechter Poitevent Carrere & Denegre LLP CenturyLink LLP as legal counsel. Lazard LLC, German Bank AG, Morgan Stanley & Co. Incorporated and Perella Weinberg Partners LP acted as financial advisor, while Skadden, Arps, Slate, Meagher & Flom LLP and Wilmer Cutler Pickering Hale & Dorr LLP acting as a consultant in the search transactions.
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