LEVEL 3 (LVLT)

[Prudent Capitalist]

LVLT CEO to get $4.2 Million payout upon closure of merger, according to story in Denver Business Journal late last week. No wonder he agreed to do a fire sale of LVLT well below its true long term value. I suspect a ton of long term LVLT holders will vote against the CTL deal, but it will pass due to the significant insider holdings and the huge payouts going to the departing LVLT execs following closure of the deal.