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Stock Market & Financial Investment News

News Breaks
June 18, 2014
09:51 EDTTWTC, LVLTFitch affirms Level 3's IDR at B+ following acquisition of tw telecom
Fitch Ratings has affirmed the 'B+' Issuer Default Rating assigned to Level 3 Communications (LVLT) and its wholly owned subsidiary Level 3 Financing. In addition, Fitch has affirmed the specific issue ratings assigned to LVLT and Level 3 Financing. The Rating Outlook remains Stable. Approximately $8.4B of LVLT's consolidated debt as of March 31, 2014 is affected by Fitch's actions. Fitch's action follows LVLT's announcement that it has agreed to acquire tw Telecom (TWTC) in a cash and stock transaction valued at approximately $5.7B.
News For LVLT;TWTC From The Last 14 Days
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April 22, 2015
08:00 EDTLVLTInfrastructure companies to benefit from OTT growth, says Oppenheimer
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April 15, 2015
08:11 EDTLVLTLevel 3 provides game-hosting provider i3D.net with connectivity in Brazil
Level 3 is providing hosting provider, Netherlands-based i3D.net, to expand its business into Latin America by connecting to Sao Paulo, Brazil. The company's expansion drive into Latin America is supported by the addition of Level 3 datacenter point-of-presence connectivity in Sao Paulo, enabling i3D.net's customers in the region to access locally-delivered content.

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