So, my question(s) are about M&A. I'm superficially confident that a
provider like Level 3 will be around for a while, as they have an extensive
fiber backbone. (Superfically, as in...I don't know nothings)

They are trading at a buck and change (I think because they overextended
before for their fiber?). I'm not banking on this, but what would likely
happen to its shareholders if it were to be acquired? My only real
knowledge comes from the MVL stock I bought for the bro's childrens. MVL
was acquired by Disney and the MVL people were given x amt of shares as
"payemnt", right?

So if LVLT or S were acquired or merged, what would happen to their
shareholders? I understand each situation is different, but what frequently

Thanks smart kids!