The Justice Department cleared Level 3’s proposed acquisition...

The Justice Department cleared Level 3’s proposed acquisition of tw telecom (CD June 17 p7), said the buyer in a news release Monday (http://bit.ly/1uGrbh5). This completes the process under the Hart-Scott-Rodino Act, it said. The deal also needs approvals from the SEC and the FCC, a Level 3 spokeswoman said. Some had asked the FCC to condition the approximately $7 billion deal (CD Sept 4 p5).