CenturyLink, Level 3 Agree to $34 Billion Merger

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CenturyLink, Level 3 Agree to $34 Billion Merger

CenturyLink Inc. (CTL) and Level 3 Communications Inc. (LVLT) announced Monday morning that CenturyLink will acquire Level 3 in a cash and stock deal valued at $34 billion, including the assumption of debt.
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