In 2004, Level 3 acquired ICG Communications ' wholesale dial-up business for $35 million. Then, in 2006, Level 3 purchased the rest of ICG Communications for $163 million, taking over ICG's fiber network and nationwide Points of Presence (PoPs).n April 11, 2011, Level 3 announced a tender offer had been made to acquire fellow Tier 1 provider Global Crossing in an all-stock transaction. On August 5, 2011, Level 3's purchase of Global Crossing was separately approved by shareholders of both companies. On October 4, 2011, the purchase was completed.
Why he built his observatory in that exact location. The Griffith observatory was built upon a request in Colonel Griffith J. Griffith's will. The construction for the observatory started in May of 1933. It took 2 years to build the observatory, and the cost was a little over $655,000. Griffith decided to built his observatory atop of Mount Hollywood because it was the highest point in the huge city park (Griffith Park).
The high cost of building a laboratory presents a major financial challenge to small- and mid-sized companies. Renting space offers a low-cost alternative to constructing a laboratory. Lab buildings are much more expensive than office buildings of the same size. A report from the Oregon-based Portland Development Commission estimated the cost of constructing a new laboratory there to range from $250 to more than $1,000 per square foot, depending on the type of lab. A Class A office building in Portland costs $120 to $150 per square foot.