Lumen Technologies gains on report of bid for European unit

Jul. 19, 2022 11:28 AM ETLumen Technologies, Inc. (LUMN)By: Joshua Fineman, SA News Editor32 Comments

Fiber Optics Cable via Getty Images

Lumen Technologies (NYSE:LUMN) rose 1.4% on a report that a private equity firm is expected to make a bid for the company's European fiber network by the start of next month.

Infrastructure investor I-Squared Capital is expected

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