King & Spalding Reps EarthLink In $370M Deal

Law360, New York (December 20, 2010, 7:58 PM EST) -- EarthLink Inc. is set to acquire regional telecommunications services provider One Communications Corp. for $370 million in a move that will make the combined company one of the largest Internet service providers in the country.

Under the agreement, announced on Monday, EarthLink will acquire 11,700 route miles of a fiber network that spans 17 states, adding to the 16,000 miles and 14 states that EarthLink picked up when it bought ITC DeltaCom Inc. in October.

The telecommunications provider now has an extensive network connecting major markets...
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