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Level 3 Agrees to Purchase Global Crossing



On 4/11/11 10:41 AM, Mike Walter wrote:
> I find it amusing that the article says - "The deal will combine two unprofitable companies...".
>
> So I guess the thinking is that two negatives make a positive?
>
> -Mike
Since they will be saving a whole $40mm annually, profitability is 
pretty much guaranteed - right? ;-)

Wasn't there a telco CEO who would blow that much in strip clubs? Savvis 
springs to mind, but I don't remember.

David