Level 3 obtains antitrust clearance for $34 billion merger with CenturyLink

Client(s) Level 3 Communications, Inc.

Jones Day represented Level 3 Communications, Inc. in its proposed $34 billion merger with CenturyLink, Inc. The companies successfully obtained antitrust clearance after an extensive investigation in the U.S. and other jurisdictions and negotiation of a limited consent decree with the U.S. Department of Justice.