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Sale rumours propel Level 3 shares to eight-year high

Connectivity BusinessbyConnectivity Business
July 13, 2016
in Investments, Space Services, Strategy and Markets
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Shares in US telco and ISP Level 3 Communications have soared on the back of news that it is considering strategic options, including a large buyback or sale, with cable giant Comcast and Google among the potential suitors. Wells Fargo analyst Jennifer Fritzsche said: “While we have often thought Level 3 would be more of a buyer than a […]

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