CenturyLink Inc. said it plans to sell its data centers and colocation business to a consortium led by BC Partners for $2.3 billion, which it will use in part to fund its planned tie-up with Level 3 Communications Inc. Under the terms of the agreement announced Friday, CenturyLink has agreed to sell the data centers and colocation business for...

Source: Wall Street Journal November 04, 2016 13:20 UTC