Breaking: Level 3 (LVLT) to pay $3B for Global Crossing (GLBC) in an all-stock purchase. The...

|About: Level 3 Communications, ... (LVLT)|By:, SA News Editor
Breaking: Level 3 (LVLT) to pay $3B for Global Crossing (GLBC) in an all-stock purchase. The $23.04/share deal is a ~56% premium to Global Crossing's Friday close. (PR)