Following speculation that the two telecommunications providers were in merger talks late last week, CenturyLink formally said Monday that it would buy Level 3 Communications in a deal worth about ...

Software Spectrum will merge operations with Corporate Software, a $1 billion software distributor and services company also acquired by Level 3 Communications in March. The boards of both ...

Level 3 Communications said it would acquire Global Crossing for about $3 billion in stock, which includes assumption of about $1.1 billion in debt. Level 3, a telecom infrastructure provider, runs ...