  We report 0.5"x0.9" resolution, interferometric observations of the 1.3 mm CO
J=2-1 line in the infrared luminous galactic merger NGC 6240. About half of the
CO flux is concentrated in a rotating but highly turbulent, thick disk
structure centered between the two radio and near-infrared nuclei. A number of
gas features connect this ~500 pc diameter central disk to larger scales.
Throughout this region the molecular gas has local velocity widths which exceed
300 km/s FWHM and even reach FWZP line widths of 1000 km/s in a number of
directions. The mass of the central gas concentration constitutes a significant
fraction of the dynamical mass, M_gas(R<470 pc) ~ 2-4x10^9 M_o ~ 0.3-0.7 M_dyn.
We conclude that NGC 6240 is in an earlier merging stage than the prototypical
ultraluminous galaxy, Arp 220. The interstellar gas in NGC 6240 is in the
process of settling between the two progenitor stellar nuclei, is dissipating
rapidly and will likely form a central thin disk. In the next merger stage, NGC
6240 may well experience a major starburst like that observed in Arp 220.
