Analysis: CenturyLink's execs reap millions in merger bonuses [telecom]

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By Bonnie Bolden

CenturyLink's top executives are reaping millions of dollars in merger bonuses and incentives after nixing pay raises and bonuses for front-line workers.

As part of the company's acquisition of Level 3 Communications that closed Nov. 1, executives earned millions through bonuses and long-term initiative grants that were arranged in 2017, according to Securities and Exchange Commission filings made in November and June.