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Windstream Holdings Inc. and EarthLink Holdings Corp. agree to a $673 million all-stock merger, aiming to reduce costs amidst declining revenue. The deal values EarthLink shares at $5.92 each, representing a 9% premium to its pre-merger announcement price. By combining their network service offerings, Windstream and EarthLink seek to enhance their cloud computing and broadband services.
Sunday, 6 November, 2016