Embarq, CenturyTel complete $11.6B deal - Kansas City Business Journal:
Embarq Corp. has officially left Overland Park.
Buyer CenturyTel Inc. (NYSE: CTL) completed its $11.6 billion stock and debt purchase of Embarq (NYSE: EQ), the companies announced early Wednesday. The combined company, CenturyLink Inc., will be based in Monroe, La., and potentially have $8 billion in annual revenue. It has more than 2.1 million broadband customers, 440,000 video subscribers and 7.5 million access lines in 33 states...
Buyer CenturyTel Inc. (NYSE: CTL) completed its $11.6 billion stock and debt purchase of Embarq (NYSE: EQ), the companies announced early Wednesday. The combined company, CenturyLink Inc., will be based in Monroe, La., and potentially have $8 billion in annual revenue. It has more than 2.1 million broadband customers, 440,000 video subscribers and 7.5 million access lines in 33 states...
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