Home / Financial Report / FCC Approves Level 3’s Buy of TW Telecom, Shareholder Votes Set for Tuesday

FCC Approves Level 3’s Buy of TW Telecom, Shareholder Votes Set for Tuesday

NGENGlobeThe Federal Communications Commission has approved Level 3 Communications‘ (NYSE: LVLT) proposed $5.3 billion acquisition of business phone and Internet service provider tw telecom (NASDAQ: TWTC).

Level 3 announced the receipt of the approval Friday and the transaction is subject to the approval of stockholders from both companies.

According to the Denver Business Journal, the stockholder vote is scheduled for Tuesday and the Justice Department cleared its regulatory review of the deal last month.

Check Also

CyberCore Recognized for Two ISO Supply Chain Mgmt Certifications; Tina Kuhn Quoted

The Technology Headlines Magazine has recognized CyberCore Technologies as the only company with two supply chain certifications from the International Organization for Standardization.

Six Firms Added to Army’s $5B Southern Border Construction Contract

The U.S. Army Corps of Engineers has included six more companies as awardees on a potential $5B contract for horizontal construction services along the southern border.