Paetec acquires McLeodUSA -- and its fiber lines

09/18/2007 | Washington Post, The

Paetec Holding has announced a deal to acquire McLeodUSA for $492 million. The deal gives Paetec access to McLeod's 20-state network of fiber-optic lines, allowing the company to offer high-speed Internet access to its corporate customers. The deal is expected to close in the first quarter of 2008.

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