CenturyLink Inc. (NYSE: CTL): Current price $31.90
On Tuesday, CenturyLink reported it has purchased Tier 3, which provides public cloud services in the Seattle area. Tier 3′s cloud platform is now immediately available as CenturyLink Cloud. Alongside that, Tier 3′s products, roadmap and vision are presently the foundation of CenturyLink’s cloud strategy, and anchor the new CenturyLink Cloud Development Center. CenturyLink bought Tier 3 at an undisclosed price.
T-Mobile US Inc. (NYSE:TMUS): Current price $25.97
A knowledgeable source said Tuesday that T-Mobile wants to acquire wireless airwaves from its bigger rival Verizon Wireless, in order to reinforce its mobile network capacity for data services. Although T-Mobile has approached Verizon over buying the spectrum, the process is remains in the early stages, says the source. One analyst estimate indicates that T-Mobile might have to pay up to $3 billion for the airwaves, which are not now being utilized by Verizon.
Revolution Lighting Technologies Inc. (NASDAQ:RVLT): Current price $2.88
The LED lighting tech player announced Tuesday that it has acquired Tri-State LED in a cash and stock transaction. Tri-State LED is a top distributor of Revolution Lightings Seesmart LED lighting solutions, having a significant client base spanning the Connecticut area that includes hospitals, municipalities, major school systems, convention centers, and real estate developers. Financials of the transaction were not divulged.
MTR Gaming Group Inc. (NASDAQ:MNTG): Current price $5.73
MTR Gaming and Eldorado HoldCo LLC announced Tuesday that they have altered their previously reported merger agreement so as to provide greater cash consideration to MTR stockholders, and to increase the pro forma ownership of the combined entity by the stockholders. MTR’s board has unanimously okayed the amended agreement, which will provide an additional $5 million of cash to MTR stockholders at the close in connection with their optional cash elections, bringing the total cash consideration payable to $35 million. Also, the per share price payable in cash to stockholders in connection with their cash elections has risen by 90 cents per share from $5.15 to $6.05.