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Fly News Breaks for July 13, 2016
LVLT
Jul 13, 2016 | 13:43 EDT
Stephens commented on Level 3 speculation that it could be a takeout target saying it would make sense given the size of its global network, extensive enterprise customer relationships, and the amount of time it would take to build out on its own. The firm's analyst believes Level 3 could reasonably be taken out at $72-$80 per share.
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