At least three newswire services reported late yesterday that the Federal Communications Commission has approved CenturyTel's acquisition of Embarq to form the new company CenturyLink. However, the FCC and the companies involved had not confirmed that approval as of earlier this morning. The companies have been looking to close the deal within the second quarter, which ends next Tuesday.
The Kanasa City Star reports on the wire reports
The FCC earlier this week was reported to be near a decision