diff --git a/gcc/lto/ChangeLog b/gcc/lto/ChangeLog
index a31b7de8899..4798663336c 100644
--- a/gcc/lto/ChangeLog
+++ b/gcc/lto/ChangeLog
@@ -1,3 +1,10 @@
+2018-11-16  Martin Liska  <mliska@suse.cz>
+
+	PR lto/88004
+	* lto-symtab.c (lto_symtab_merge_symbols_1): Do not call
+	lto_symtab_symbol_p as it does checking of transparent alias.
+	These needs to be also merged in the function.
+
 2018-10-30  Michael Ploujnikov  <michael.ploujnikov@oracle.com>
 
 	* lto-partition.c (privatize_symbol_name_1): Use
diff --git a/gcc/lto/lto-symtab.c b/gcc/lto/lto-symtab.c
index 4b24b84774d..18437eb2841 100644
--- a/gcc/lto/lto-symtab.c
+++ b/gcc/lto/lto-symtab.c
@@ -894,10 +894,11 @@ lto_symtab_merge_symbols_1 (symtab_node *prevailing)
        e = next)
     {
       next = e->next_sharing_asm_name;
-
-      if (!lto_symtab_symbol_p (e))
-	continue;
       cgraph_node *ce = dyn_cast <cgraph_node *> (e);
+
+      if ((!TREE_PUBLIC (e->decl) && !DECL_EXTERNAL (e->decl))
+	  || (ce != NULL && ce->global.inlined_to))
+	continue;
       symtab_node *to = symtab_node::get (lto_symtab_prevailing_decl (e->decl));
 
       /* No matter how we are going to deal with resolution, we will ultimately