Ticker
$LUMN
Industry
Telecom
Type
Beaten UpDelever
Rating
Not Rated
Lumen is the former CenturyLink / Level 3 Communications combination.
Notes
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- Pro-forma — $26bn revenue and $11bn EBITDA
- Tranxaction valued at $34bn — 42% premium to Level 3 share price (CenturyLink gave up stock valued at $28/share vs. today’s price at less than $11)
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