Arkansas telecom will spin off its fiber and copper network assets into a new REIT, others may follow suit.
Integrated Whale Media Investments wins auction with bid that values financial news publisher at $475 million.
Target rejected formal $80 billion offer from Rupert Murdoch's film and TV group in June.
As LightSquared begins an accelerated summer schedule to confirm its new reorganization plan, backer Philip Falcone is suing the company's largest creditor for more than $1.5 billion.
Network operator Level 3 Communications announced a massive fiber grab Monday with the $7.3 billion purchase of TW Telecom.
CEO Darren Huston strikes second acquisition this week, calls target a 'natural extension' to company's existing brands.
The target develops cloud applications for online grading, admissions evaluations and plagiarism detection.
Seals long-rumored $3 billion deal for Dr. Dre's headphone and streaming outfit Beats.
AT&T CEO Randall Stephenson touted the benefits of adding satellite TV to the telecom's portfolio of services in a Monday call announcing the purchase of DirecTV for $67 billion, including debt.
With the $215 million purchase of six TV stations in Texas from London Broadcasting Co., Gannett Co. continues to bulk up its television portfolio.