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Actionable news in LVLT: LEVEL 3 COMMUNICATIONS INC,

Comcast May Target Level 3 to Keep Pace With Mobile Broadband Expansion

Editor's Note: This article previously appeared in The Deal.

Shares in fiber networking group Level 3 Communications (LVLT) rose Wednesday on a report from Benzinga that the company is reviewing options ranging from a sale to a buyback.

Level 3 stock gained $1.92, or 3.53%, to $56.30 per share, pushing its market cap to $20.1 billion. The price tag is high, but Level 3's fiber networks could attract a large systems...


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