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Deals Rumor Mill: CenturyLink, McDonald's, Playboy

By Benjamin Horney (October 27, 2016, 4:28 PM EDT) -- CenturyLink Inc. is on the verge of merging with Level 3 Communications Inc., the Wall Street Journal reported on Thursday, in a deal that would unite companies with market valuations of $15.2 billion and $16.8 billion, respectively. According to the report, the duo are in advanced talks, and an official announcement could come within the next few weeks. CenturyLink has been in the rumor mill lately over reports that it is selling a more than $2.5 billion data center unit....

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