| Qwest Investigation |
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April 26, 2010 |
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Finkelstein Thompson LLP is investigating potential claims on behalf of shareholders of Qwest Communications ("Qwest" or the "Company") arising from the Company's announcement of its intent to merge with CenturyLink(CTL). Under the terms of the agreement, Qwest shareholders will receive 0.1664 CenturyLink shares for each share of Qwest common stock they own. Upon the closing of the transaction, CenturyLink shareholders are expected to own approximately 50.5 percent and Qwest shareholders are expected to own approximately 49.5 percent of the combined company. Based on the closing stock price of CenturyLink on April 21, 2010, the per share consideration to be received by Qwest shareholders would be equivalent to $6.02, valuing the total transaction at approximately $10.6 billion. The investigation is focused on the potential unfairness of the consideration to Qwest's shareholders and the process by which the Qwest Board of Directors considered and approved the transaction. CenturyLink is offering only a 13% premium over the $5.24 closing price of Qwest on the day before the announcement. If you are interested in discussing your rights as a Qwest shareholder, or have information relating to this investigation, please contact Finkelstein Thompson's Washington, DC offices at (877) 337-1050 or by email at This email address is being protected from spam bots, you need Javascript enabled to view it . |





