Level 3/tw telecom Shareholders Approve Deal

Level 3’ acquisition of tw telecom was approved by shareholders of both companies at separate meetings Tuesday, said a Level 3 news release. The deal was approved by 86.2 percent of tw telecom shareholders, and 99.7 percent of Level 3 shareholders, said Level 3 Tuesday. It expects to complete the acquisition Nov. 5, the release said. The FCC recently OK'd the deal (see 1410270047).