The states of Alaska, Colorado, New York and Pennsylvania recently approved CenturyLink, Inc.´s (NYSE: CTL) acquisition of Level 3 Communications, Inc. (NYSE: LVLT), the company said.
These four states join Delaware, Georgia, Hawaii, Maryland, Minnesota, Ohio, Utah, Virginia, West Virginia and the District of Columbia in approving the acquisition.
The merger has also received regulatory clearance from Connecticut, Indiana, Louisiana, Montana, Nevada, Texas and Puerto Rico.
Announced Oct. 31, 2016, the merger should allow the combined company to offer enterprise and wholesale customers a broader and more complementary range of services and solutions, and position the combined company to enable the advanced technology and growing bandwidth needs of its customers, including small businesses, large businesses, large multinational enterprises and government entities.
The transaction is subject to the company receiving various regulatory approvals and other customary closing conditions.
CenturyLink is a global communications and IT services company focused on connecting its customers to the power of the digital world. CenturyLink offers network and data systems management, big data analytics, managed security services, hosting, cloud, and IT consulting services.