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Tag Archives: tw telecom

Level 3 Buy of TW Telecom Set for Nov. 5 Closure

Level 3 Communications (NYSE: LVLT) and tw telecom (NASDAQ: TWTC) shareholders have voted to move forward with Level 3’s acquisition of tw telecom,  which the companies expect to close before an earnings call next week. Level 3 said Tuesday the majority has also agreed on the allocation of common stock to tw telecom stockholders and to …

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

The 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 …

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Jeff Storey: Level 3 Reorganizes Leadership Team Following TW Telecom Buy

Level 3 Communications (NYSE: LVLT) will expand its senior management team upon the closing of its acquisition deal with tw telecom. Jeff Storey, Level 3 president and CEO, said Tuesday the expanded leadership team will be made-up of executives who will aim to help the combined business grow in the enterprise …

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Level 3 Signs $5B Cash-and-Stock Deal to Buy TW Telecom; Jeff Storey Comments

Level 3 Communications (NYSE: LVLT) has agreed to purchase tw telecom (NASDAQ: TWTC) for approximately $5.3 billion in cash and stock as Level 3 looks to expand its share of the telecommunications and Internet services market. Tw telecom stockholders would receive 0.7 shares in Level 3 plus $10 cash for …

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