BROOMFIELD — The $34 billion acquisition of Level 3 Communications (Nasdaq: LVLT) by CenturyLink (NYSE: CTL) was expected to be closed by the end of September, but the companies are now revising the time frame.
The deal is expected now to close mid-October, following a proposed approval from the California Public Utilities Commission and an administrative law judge.
Real estate can be a force for good, and that’s exactly what real estate developer, Brinkman, is trying to do with their recent achievement of B Corp Certification. After over a year of rigorous testing of their social and environmental practices, Brinkman earned certification last week.
“We view the slight delay in our projected closing date as manageable, and it does not affect our integration planning process. Both teams are ready to begin the integration process as soon as closing occurs,” said CenturyLink chief Glen Post III, in a prepared statement.