CenturyTel, Embarq Merger Cleared by FCC
Dow Jones, June 25, 2009
By Fawn Johnson
The FCC has signed off on a merger between CenturyTel and Embarq, marking the last regulatory hurdle for the companies to complete the transaction, according to a person with knowledge of the deal. The deal is a significant transaction and could signify further consolidation of midsize phone companies.
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