The U.S. Justice Department agreed to clear CenturyLink Inc.’s $25 billion takeover of Level 3 Communications Inc. if the telecom providers shed some of their fiber-optic infrastructure, moving the deal one step closer to closing. A consent decree filed Monday in the U.S. Court for the District of Columbia allowed the internet service providers to combine operations provided that Level 3 sells some assets around Albuquerque, N.M.; Boise, Idaho; and Tucson, Ariz....

Source: Wall Street Journal October 02, 2017 22:53 UTC