Getting your player ready...
Oregon regulators on Thursday approved CenturyLink’s pending acquisition of Denver-based Qwest, the final approval needed to complete the telecommunications merger, the companies said.
As part of the approval from the Public Utility Commission of Oregon, the companies committed to investing at least $45 million in broadband infrastructure in the state over five years. The companies plan to close the merger Friday.
In a related announcement, Standard & Poors announced Thursday that Edwards Lifesciences Corp. will replace Qwest on the S&P 500 index.
