CenturyLink pleads with FCC to approve Level 3 acquisition

CenturyLink is making a final push to get the Federal Communications Commission to approve its pending acquisition of Level 3 Communications, with hopes of closing it in October 2017. The FCC is the only regulator that has yet to sign off on the purchase. To date, CenturyLink and Level 3’s proposed merger has gotten approvals from 19 states. It has also gained pre-closing notice filings in 14 other states. At this point, CenturyLink and Level only need the final sign off from the California Public Utilities Commission, which is expected to approve the acquisition during a meeting in Oct.