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The buyout was the third largest corporate buyout since 1989. QwestDex's purchase occurred in two stages. In November 2002, directory operations in Colorado , Iowa , Minnesota , Nebraska , New Mexico , North Dakota & South Dakota were acquired for $2.75 billion.
Founded in 1996 by Philip Anschutz, Qwest began in an unconventional way.Anschutz, who owned the Southern Pacific Transportation Company at the time, established the subsidiary Southern Pacific Telecommunications Company and began installing the first all-digital, fiber-optic infrastructure along his railroad lines and connecting them into central junctions in strategic locations to serve ...
The Carlyle Group, Welsh, Carson, Anderson & Stowe, and other private investors, led a $7.5 billion buyout of QwestDex, marking the third largest corporate buyout since 1989. QwestDex's purchase occurred in two stages: a $2.75 billion acquisition of assets known as Dex Media East, in November 2002, and a $4.30 billion acquisition of assets ...
A spokesperson for USPS told the Federal News Network that the retirement incentive is available for certain employe USPS Offers $15K Buyouts In Overstaffed Facilities: Unions And Critics Weigh In
The Associated Press said Monday that it would begin offering buyouts and lay off selected employees, part of a plan to reduce the news outlet's staff by about 8% and accelerate a transition to a ...
The GXO buyout equation. The news of a potential sale comes as a surprise as GXO has been growing through acquisitions, and seemed set to continue that strategy after bringing Clipper Logistics ...
Carlyle, together with Welsh, Carson, Anderson & Stowe, led a $7.5 billion buyout of QwestDex, [30] the third-largest corporate buyout since 1989. [31] QwestDex's purchase occurred in two stages: a $2.75 billion acquisition of assets known as Dex Media East in November 2002 and a $4.30 billion acquisition of assets known as Dex Media West in ...
Buyouts are back in the networking sector. In separate announcements, two networking giants just unveiled deals to gobble up smaller fry. Cisco Systems (NAS: CSCO) is back at the buyout buffet.