Windstream to Buy Paetec Holding Corp. in $2.3 Billion Deal

by Lance Turner  on Monday, Aug. 1, 2011 7:02 am   2 min read

"This transaction significantly advances our strategy to drive top-line revenue growth by expanding our focus on business and broadband services," Jeff Gardner, president and CEO of Windstream, said.

Windstream Corp. of Little Rock says it will expand its broadband services and geographic footprint by acquiring Paetec Holding Corp. of Fairport, N.Y., in a transaction valued at about $2.3 billion.

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