Industry Deals

We've scoured the airwaves and assembled a list of the latest financial transactions in technology and communications.

Level 3 Completes Acquisition of tw telecom

BROOMFIELD, Colo. /PRNewswire/ — Level 3 Communications, Inc. (NYSE: LVLT) announces it completed its acquisition of tw telecom. The transaction further positions the company as a global leader in the rapidly evolving business communications market.

FirstLight Closes G4 Asset Acquisition

FirstLight Fiber has completed its purchase of G4 Communications’ assets. The deal was announced in late August; its terms were not disclosed because both service providers are privately held.

MoPals.com Inc. Announces Investment Banking Agreement to Proceed with $15 Million Private Placement Offering

TORONTO /PRNewswire/ – MoPals.com, Inc. (OTCQB: PALS), (“MoPals”, the “Company”) the world’s first community-driven, crowd-sourced loyalty program is pleased to announce that it has entered into an agreement with California-based Amarok Financial, LCC (“Amarok”) and Cabrillo Broker, LLC (“Cabrillo”), collectively, to undertake a private placement of common shares for gross proceeds of up to US $15 million (the “Offering”). The Offering will be made on a best-efforts, fully-marketed basis.

GTT Acquires UNSi

MCLEAN, Va.–(BUSINESS WIRE)–GTT Communications, Inc. (NYSE MKT: GTT), the leading global cloud networking provider to multinational enterprises, announces it has closed the acquisition of UNSi, a communications company providing data services to large enterprise and carrier clients.

DOJ Clears Level 3, tw telecom Merger

The U.S. Justice Department has cleared the pending acquisition of tw telecom by Level 3 Communications. Level 3 said Monday the process is completed under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR).