The story
McLeodUSA was founded by Clark McLeod in 1991. The company went public in 1996. In January 2002, it filed for Chapter 11 protection, emerging from bankruptcy in April the same year.
In 2005, the company stopped trading on NASDAQ exchange. In January 2006, Royce Holland was named executive of McLeodUSA.
On March 22, 2007, the company filed a prospectus with the U.S. Securities and Exchange Commission (SEC) for another initial public offering (IPO).
In September 2007, PAETEC Holding Corp. announced plans to acquire McLeodUSA in an all-stock merger for $557 million. The acquisition was completed in 2008. In 2011, PAETEC was acquired by Windstream Communications.
From Wikipedia’s article on McLeodUSA, shared under CC BY-SA 4.0.4