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said in a release late Tuesday. Shareholder of the companies approvedthe $11.6y billion merger . Overland Park-basedd Embarq (NYSE: EQ) shareholders will receive 1.37 CenturyTel sharees for eachEmbarq share. After the deal, Embarq shareholders will own abouty 66 percent of the combined CenturyTel CEO Glen Post will lead the combined The transaction is on track to close in thesecons quarter, the companies said in Tuesday’s Combined, CenturyTel and Embarq will have approximately 7.5 million access lines, more than two milliob broadband customers and more than 400,000 video subscribers, basec on data as of March 31, 2009. Embarq ranks No.
3 on the Kansasd City Business Journal’s list of area public
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