Level 3 Communications Inc. (NYSE: LVLT) engaged in advanced negotiations to merge with CenturyLink Inc. (NYSE: CTL). Shares of Level 3 surged $4.95 to close at $51.87 while CenturyLink stock soared $2.75 to close at $31.00.
Level 3 and CenturyLink talk merger
October 27, 2016 at 18:10 PM EDT
