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Anything is possible. But note that TalkTalk offers a voice service, while PlusNet does not. Furthermore, Talktalk have their own MSANs providing the dial tone over LLU copper, instead of connecting to the exchange, so Talktalk have been kicking the PSTN switch-off down the road.
Ultimately I'd expect that BT would want to avoid running two separate networks and multiple customer portals, and will want to migrate Talktalk customers onto their own network. At that point they'll discover how many legacy brands and services Talktalk has: it was grown via multiple levels of acquisition including Tiscali, WorldOnline, Nildram, Freedom2surf, Pipex and dozens of others.
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