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Actionable news in LVLT: LEVEL 3 COMMUNICATIONS INC,

Level 3 +3.5%, touches 52-week high amid buyout speculation

Level 3 Communications (NYSE:LVLT) closed today up 3.5% after touching a 52-week high on news that it's looking into strategic alternatives -- which could include a buyer from outside telecom.

Comcast (NASDAQ:CMCSA) is speculated to be a possibility among suitors, but so is Google (a>


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