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CenturyLink potentially altered the wireline landscape dramatically April 22 when it agreed to purchase Qwest Communications International Inc. in a stock-for-stock deal.
Under the terms of the deal, CenturyLink, the post-merger combination of CenturyTel Inc. and Embarq Corp., agreed to acquire the Colorado company in a transaction valued at $22.62 billion.
Under the terms of the deal, Qwest stockholders will receive 0.1664 of a CenturyLink share for each share of Qwest common stock they...