CenturyLink in merger talks with Level 3 Communications
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CenturyLink Inc. is in advanced talks to merge with Level 3 Communications Inc., people familiar with the matter told The Wall Street Journal.
A deal could be announced in the coming weeks.
Prior to The Wall Street Journal's report yesterday, Broomfield, Colorado-based Level 3 had a market value of $16.8 billion. Monroe, Louisiana-based CenturyLink was worth $15.2 billion.
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