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Level 3 and Global Crossing Receive Regulatory Approvals


Level 3 Communications, Inc. (NASDAQ: LVLT) and Global Crossing Limited (NASDAQ: GLBC) today announced that the U.S. Department of Justice has cleared Level 3's previously announced acquisition of Global Crossing. The clearance completes the process under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, and is effective immediately.


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