April 18, 2006
Level 3 Communications announces agreement to acquire all of the stock of ICG Communications, Inc., a privately held Colorado-based telecommunications company, for $163 million in cash and stock.
On April 17, Willkie client Level 3 Communications announced that its has agreed to acquire all of the stock of ICG Communications, Inc., a privately held Colorado-based telecommunications company, for $163 million in cash and stock. Serving more than 1,600 customers, ICG primarily provides transport, IP and voice services to wireline and wireless carriers, Internet service providers and enterprise customers. Level 3 is an international communications and information services company with one of the largest Internet backbones in the world. The transaction was handled by partner David Boston and associates Nicole Napolitano, Adam Turteltaub, Christopher Peters and Johanna Ferraro.
