Embarq, CenturyTel combination could save $475M - Kansas City Business Journal:

CenturyLink said Thursday that it now expects to save about $475 million through the combination of the former Embarq Corp. and CenturyTel Inc., which bought Embarq on July 1 in a deal valued at $11.6 billion to form CenturyLink.

Previously, the company had expected about $400 million in savings. Conversion of Embarq’s enterprise resource management systems and initial billing conversion still is expected to conclude in the fourth quarter, the release said. Post-closing integration costs are expected to total about $370 million...