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Embarq Corp. (EQ)
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By William Patalon III
Executive Editor
Money Morning/The Money Map Report
CenturyTel Inc. (CTL) will acquire rival Embarq Corp. (EQ) in an $11.6 billion deal that could kick-start a flurry of...
Money Morning is here to help investors profit handsomely on this seismic shift in the global eco...
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alleyinsider.com
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Oct 27, 2008
about
EQ, CTL
Expect to see more of this: Regional phone companies teaming up to squeeze out every possible scale advantage as they decline in relevance. This morning, CenturyTel (CTL) announced it was picking up Embarq (EQ) for $5.8 billion in stock and will assume $5.8 billion in debt. (Sprint Nextel (S) spun E...
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blogs.barrons.com
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Oct 27, 2008
about
EQ, CTL
CenturyTel (CTL) has agreed to acquire Embarq (EQ) for $11. 6 billion in stock and the assumption of debt. The deal calls for each EQ share to be exchanged for 1.37 CTL shares, a 36% premium over Friday’s closing price. The deal includes the assumption of $5.8 billion in debt. EQ holders will own 66...
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alleyinsider.com
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Oct 02, 2008
about
EQ
It's a pretty lousy time to be in the local phone business anyway -- but the credit crunch isn't helping phone companies with their best hope for survival: Consolidation.
Embarq (EQ), the fourth-largest U.S. phone company, which Sprint (S) spun off in 2006, has been trying to sell itself for weeks,...
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The Congressional dragnet over Internet privacy caught another fish. This one is owned by one of DC's most important institutions -- The Washington Post Company (WPO).
In a response to a House query, WaPo unit Cable One admitted it collected data on 14,000 subscribers in Anniston, Ala. for 180 days...
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