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Level 3 switches stock to New York Stock Exchange

Level 3 Communications has transferred all its stock to the New York Stock Exchange. The Broomfield-based announced the completion of the move on Thursday. To mark the occasion, executives from the Broomfield-based company rang the opening bell at the exchange. Level 3 operates a long-distance telecommunications network and recently acquired Global Crossing in a stock… Continue Reading Level 3 switches stock to New York Stock Exchange

Level 3 Communications says it will acquire Global Crossing Ltd. in an all-stock transaction valued at about $2 billion. The telecommunications companies announced Monday that Global Crossing shareholders will receive 16 shares of Level 3 common stock in exchange for each share of Global Crossing common or preferred stock. Level 3 will also assume $1.1… Continue Reading Level 3 to acquire Global Crossing for $2 billion

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Level 3 to sell $300 million worth of bonds

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Level 3 Communications Inc. plans to sell $300 million worth of new bonds, the company said Tuesday, using the cash to pay back debt coming due this year. Level 3, which provides the type of Internet infrastructure that helps deliver Netflix Inc.’s popular streaming movie service, said the new notes will come due in 2019.… Continue Reading Level 3 to sell $300 million worth of bonds

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