Southeastern Asset Management

BROOMFIELD, Colo., Nov. 17 /PRNewswire-FirstCall/ -- Level 3 Communications, Inc. (Nasdaq: LVLT) announced today that it has reached agreements to sell up to $400 million aggregate principal amount of its 15% convertible senior notes due 2013. Level 3 intends to use the net proceeds from the offering of the notes, together with cash on hand, to fund purchases of any and all of its (i) 2.875% Convertible Senior Notes due 2010, (ii) 6% Convertible Subordinated Notes due 2010 and (iii) 6% Convertible Subordinated Notes due 2009, pursuant to three separate tender offers for such notes that Level 3 commenced today. The debt each investor has agreed to purchase is subject to the company accepting for payment at least 50%, or $177,270,500, in aggregate principal amount of the 2.875% Convertible Senior Notes due 2010 and 50%, or $240,833,000, in aggregate principal amount of the 6% Convertible Subordinated Notes due 2010 in each ...

http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=5961486

http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=5960896

MADISON, Miss.--(BUSINESS WIRE)-- Phosphate Holdings, Inc. (OTC: PHOS) announced today that Coley L. Bailey has resigned as a member of the Company's Board of Directors effective October 29, 2008. Mr. Bailey had served as a member of the Company's Board of Directors since 2004 and was Chairman of the Board at the time of his resignation. Phosphate Holdings, Inc.'s Board of Directors has elected Rex M. Deloach to succeed Mr. Bailey as Chairman of the Board. Rex M. Deloach has served as a director of PHI since 2007. Since 2002, Mr. Deloach has served ...

http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=5933134