Revenue at EarthLink, which reported earnings as well today, fell 13 per cent in the third quarter.
Both companies provide internet service, cloud computing and other services. The combined company will keep the Windstream name and be based at its headquarters in Little Rock, Arkansas. EarthLink Holdings Corp. Is based in Atlanta.
EarthLink shareholders will receive 0.818 of a share for each EarthLink stock they own. Windstream Holdings Inc. Will issue about 93 million shares for the deal.
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