Happy Halloween, and as the sugar high from this past weekend’s festivities slowly subsides, it back to focusing on tech news and stories about companies spending nearly unfathomable amounts of money to buy other tech companies. Hot on the heels of the AT&T / Time-Warner mega-merger comes news that ISP CenturyLink is buying up Level 3, a broadband and internet infrastructure company, for $34 billion in stock.
Level 3 may not have the high profile of Time-Warner or other big tech firms, but they’re a huge international player when it comes to building out expansive internet infrastructure with optical fiber and networking systems. Heck, you might be using their systems right now to watch this video.
The merger is expected to greatly expand CenturyLink’s data and internet businesses, which they’ll need to battle the ATT& Time Warner juggernaut.
Full Content: Yahoo
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
CVS Health Explores Potential Breakup Amid Investor Pressure: Report
Oct 3, 2024 by
CPI
DirecTV Acquires Dish TV, Creating 20 Million-Subscriber Powerhouse
Oct 3, 2024 by
CPI
South Korea Fines Kakao Mobility $54.8 Million for Anti-Competitive Practices
Oct 3, 2024 by
CPI
Google Offers Settlement in India’s Antitrust Case Regarding Smart TVs
Oct 3, 2024 by
CPI
Attorney Challenges NCAA’s $2.78 Billion Settlement in Landmark Antitrust Cases
Oct 3, 2024 by
nhoch@pymnts.com
Antitrust Mix by CPI
Antitrust Chronicle® – Refusal to Deal
Sep 27, 2024 by
CPI
Antitrust’s Refusal-to-Deal Doctrine: The Emperor Has No Clothes
Sep 27, 2024 by
Erik Hovenkamp
Why All Antitrust Claims are Refusal to Deal Claims and What that Means for Policy
Sep 27, 2024 by
Ramsi Woodcock
The Aspen Misadventure
Sep 27, 2024 by
Roger Blair & Holly P. Stidham
Refusal to Deal in Antitrust Law: Evolving Jurisprudence and Business Justifications in the Align Technology Case
Sep 27, 2024 by
Timothy Hsieh