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Level 3 completes sale of Software Spectrum subsidiary for total proceeds of $353 million.
M2 Presswire, September, 2006
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M2 PRESSWIRE-8 September 2006-Level 3 Communications: Level 3 completes sale of Software Spectrum subsidiary for total proceeds of $353 million(C)1994-2006 M2 COMMUNICATIONS LTD RDATE:07092006 BROOMFIELD, Colo. -- Level 3 Communications, Inc. (Nasdaq: LVLT) today announced that it has completed the sale of its wholly owned subsidiary, Software Spectrum, to Insight Enterprises, Inc., (Nasdaq: NSIT), a leading provider of information technology products and services.
Software Spectrum is a leading reseller of business software and mobility solutions to large- and medium-sized ...
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