Lorimar-Warner Merger Studied

Lorimar Telepictures Corp. today revealed that it had been approached by Warner Communications Inc. to discuss a merger and said the talks were in a preliminary stage.

Lorimar Telepictures, the target of many takeover rumors after five failing films last year, said it has been approached from time to time by a number of entertainment companies interested in merging. It said its board and management had not determined whether a merger would be in the best interests of Lorimar’s shareholders. Shares in Lorimar, the producer of “Dallas” and other television programs, recently have edged higher on takeover speculation.