Telecom firm CenturyLink nears deal to merge with Temasek-backed Level 3

Telecom firm CenturyLink nears deal to merge with Temasek-backed Level 3

Credit:Pixabay

CenturyLink Inc. and Level 3 Communications are in advanced talks to merge, according to people familiar with the matter, in a deal that would create an enterprise telecommunications player worth more than $50 billion, including debt.

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