<< Read Full Article
<< Read Full Article
Paetec Holding (PAET Quote) agreed to acquire privately held fiber-network operator McLeodUSA for $492 million in stock.
Additionally, Paetec will assume $65 million of debt. McLeodUSA currently owns and manages one of the largest high-capacity fiber networks in the nation, spanning 20 states in the Midwest, Southwest, Northwest and Rocky Mountains, Paetec said.
Paetec was up 3 cents at $12.16 early Monday....
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,344.84 | 1,095.63 | 2,144.60 | 32.01 |
Oil *
78.55
|
|
UP
34.92
|
UP
4.14
|
UP
6.16
|
DOWN
0.30
|
10 Yr
3.20%
SPDR Gold
115.65
|
|
+0.34%
|
+0.38%
|
+0.29%
|
-0.93%
|
Data delayed 20 minutes |
Connect with TheStreet