CenturyLink Retained Wells Fargo to Sell Data Centers

M&A Reporting, CTFN

Jonathan Spitzer

M&A Reporting

CTFN

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CenturyLink, the rural telecom operator based in Monroe, Louisiana, may have to settle on a lower price than it expected for its data centers, a sector executive and two investment bankers told <a href="http://ctfn.news" target="_blank">CTFN</a>.CenturyLink had hoped to fetch 12.5x EBITDA for its data center business, the multiple that Windstream received when its sold TierPoint, its data center operations, for $575 million in October, the first banker and the sector executive said.But no lead bidder has emerged for CenturyLink’s data…

CenturyLink, the rural telecom operator based in Monroe, Louisiana, may have to settle on a lower price than it expected for its data centers, a sector executive and two investment bankers told CTFN.CenturyLink had hoped to fetch 12.5x EBITDA for its data center business, the multiple that Windstream received when its sold TierPoint, its data center operations, for $575 million in October, the first banker and the sector executive said.But no lead bidder has emerged for CenturyLink’s data…

CenturyLink Confronts Lower Price for Data Centers

Lumen Technologies

CenturyLink Confronts Lower Price for Data Centers