Thieler Law Corp Announces Investigation of proposed Sale of Level 3 Communications Inc (NYSE: LVLT) to CenturyLink

Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Level 3 Communications Inc (NYSE: LVLT) acted responsibly on behalf of investors’ profitability in the planned $34 billion sale to CenturyLink.

On October 31, 2016, Level 3 Communications Inc (NYSE: LVLT) and CenturyLink announced that they had entered into a merger agreement. Under the terms of the merger agreement, Level 3 Communications shareholders will receive $26.50 per share in cash and a fixed exchange ratio of 1.4286 shares of CenturyLink stock for each Level 3 Communications share they own.

Based in Broomfield, Colorado, and founded in 1884 Level 3 Communications Inc, together with its subsidiaries, operates as a facilities-based provider of a range of integrated communications services.

The investigation focuses on whether NYSE: LVLT investors received the highest price and whether the directors of Level 3 Communications Inc acted in the best interest of Level 3 Communications Inc company and its shareholders.   

If you purchased Level 3 Communications Inc (NYSE: LVLT) prior to October 31, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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