Level 3 wins DOJ, FCC backing for Global Crossing deal

U.S. regulators have approved the merger between Level 3 Communications and Global Crossing, the companies announced Thursday. Level 3 and Global Crossing said the U.S. Department of Justice and Federal Communications Commission have approved the deal. Broomfield, Colo.-based Level 3 expects to close on the acquisition as early as next week. The $3 billion merger […]