CenturyTel to acquire Embarq in $5.8 bln deal
NEW YORK, Oct 27 (Reuters) - Rural telephone company CenturyTel Inc (CTL.N) plans to buy bigger operator Embarq Corp (EQ.N) for $5.8 billion in stock in an effort to cut costs and stay competitive as traditional phone lines decline.
http://telephonyonline.com/
Sunday, May 3, 2009
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