unregistered

 

Level 3 Closes Looking Glass Acquisition

Level 3 Communications Inc. has completed its acquisition of Looking Glass Networks Inc. Level 3 paid Looking Glass security holders approximately 21.3 million unregistered shares and $8.7 million in cash. The wholesale carrier also repaid $67 million of outstanding Looking Glass debt. Level 3 will add Looking Glass to its recently announced Metro Services business […]

Business News – McLeodUSA Expands Territory

Posted: 08/1999 McLeodUSA Expands Territory McLeodUSA Inc., Cedar Rapids, Iowa, has agreed to acquire Access Communications Inc. and SJ Investments Inc., both of Salt Lake City, which operate as Access Long Distance. Under the terms of the agreement, McLeod will pay approximately 1.9 million shares of 144(a) unregistered McLeodUSA stock and about $50 million in […]

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