LEVEL 3 (LVLT)

[Prudent Capitalist]

The market does not believe this deal will be completed. LVLT had to have put some protections in the Agreement based on CTL's share price remaining up in a certain range. And, it is becoming more apparent that LVLT shareholders are not happy at all with this deal as there is far greater long term additional value in LVLT given its additional unlit conduits, future projections and new $1 Billion in free cash flow this year and more going forward. This deal is a disaster for LVLT shareholders at this point.