Level3 is getting in on the buying festival. The agreement by Level3 as of today puts the buyout at $5.68 Billion. Not bad considering TW Telecom had $1.6 billion income in 2013 and profited a mere $36.5 million. TW Telecom is also giving Level3 $1.6 billion debt as part of the deal. The deal has Level3 paying $10 a TW Telecom share in cash and 70% of a share given for each TW Telecom share.