| Home Page : Archive News : November 2016 News : Windstream to buy EarthLink for about $673 million | |
Windstream to buy EarthLink for about $673 million | |
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November 08, 2016 NEW YORK— Windstream is buying rival EarthLink for about $673 million in stock as internet service providers try to bulk up and cut costs with revenue under pressure. Revenue at EarthLink, which reported earnings as well Monday, fell 13 percent in the third quarter. EarthLink shareholders will receive 0.818 of a share for each EarthLink stock they own. Source: http://www.cnbc.com/2016/11/07/the-associated-press-windstream-to-buy-earthlink-for-about-673-million.html |
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