Level 3 thrown in the C'Link after watchdog approves $34bn gobble

America's comms regulator has signed off on the $34bn merger deal that will see ISP CenturyLink take over internet backbone Level 3. The telco announced Monday it had cleared the final regulatory hurdle, and convinced FCC boss Ajit Pai and co. to approve the cash and stock biz gobble. The FCC approval follows prior go-aheads …

[John Smith 19]

IOW there's money to be made if you buy now and the talks work out.

But it's nothing but a gamble unless you know how they really feel about each other.

Just saying.

[EnviableOne]

time to update my slides on 4.2.2.2 again .....

[The H'wood Reporter]

Berkshire Hathaway will make a pretty penny from the sale, as Warren Buffet bought Level3 for $0.05 on the dollar* after the 2000 DOT COM bubble burst.

* or 0.066 cents per GB Pound

[Alistair]

Mr. Buffet has many pretty pennies. He has an uncanny knack for a good buy and an even better eye for a good sale. And the man seems to have an ethic or two lying about to boot.

<Hey, Regeditors, Pumpkinhead icon?>