CenturyTel Inc. says it expects to close its acquisition of Embarq Corp. Wednesday following approval of the deal by the Federal Communications Commission. The FCC action announced today was the last needed regulatory approval. CenturyTel, the Monroe-based telecommunications provider, said the company’s new name will be CenturyLink. The company’s stock will continue to trade under the symbol CTL. CenturyTel announced last year it was buying Overland Park, Kan.-based Embarq, the nation’s fourth-largest traditional telephone company. The deal earlier was approved by all 33 states in which the two companies operate.
FCC approves CenturyTel-Embarq deal
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