Getting your player ready...
CenturyLink and Denver-based Qwest coughed up $147 million in investment-banking, legal and related fees to complete their merger, according to a regulatory filing Tuesday.
As of June 30, CenturyLink had paid $76 million and Qwest $71 million to investment bankers, lawyers and others advising the companies on the deal.
CenturyLink’s acquisition of Qwest closed in April and was valued at $24 billion — about $12 billion in stock and roughly $12 billion in assumed debt. Monroe, La.-based CenturyLink incurred $58 million of the $76 million during the second quarter, after the merger was finalized.
