CenturyLink, Level 3 shareholders approve merger

BROOMFIELD — Shareholders for Level 3 Communications Inc. (NYSE: LVLT) and CenturyLink Inc. (NYSE: CTL) overwhelmingly approved all proposals related to the merger of the two companies announced in October and valued at $34 billion.

At a special meeting of CenturyLink’s shareholders today in Monroe, La., about 96 percent of the votes cast supported the decision to issue CenturyLink common stock to Level 3 shareholders.

Level 3’s stockholders also voted at a special meeting today in Broomfield, and nearly 99 percent of the votes cast were in favor of approving the merger agreement.