Subscribe
Colorado-based TW Telecom is up for sale and CenturyLink is now seen as a potential buyer, according to reports in mergers and acquisitions trade publication DealReporter, citing unnamed sources.
TW Telecom, originally a commercial services unit within Time Warner Cable, went independent in the late 1990s, and today sells telecommunications services to medium and large-sized companies.
Talks have been underway for weeks, according to the online publication, but the acquisition would make sense for CenturyLink as it attempts to bolster its business services unit.
Level 3 Communications was also reportedly interested in acquiring the company, but TW Telecom balked at the price offered.
But DealReporter cannot be certain the deal is done. TW Telecom completed a $480 million bond offering last week, and raising debt right before a sale is highly unusual, the publication reports.
Neither CenturyLink or TW Telecom offered comment.
I believe what you posted was actually very reasonable. But, what about this? what if you added a little content? I mean, I don’t wish to tell you how to run your blog, but suppose you added a title that grabbed people’s attention? I mean CenturyLink Reportedly in Talks to Acquire TW-Telecom | Stop the Cap! is a little plain. You might look at Yahoo’s home page and watch how they create news titles to get people interested. You might add a related video or a related picture or two to get readers excited about what you’ve written. In my… Read more »