Monday, February 14, 2005

A Sweetheart (of a deal): Verizon to Acquire MCI for $5.3 Billion in Equity and Cash

Verizon to Acquire MCI for $5.3 Billion in Equity and Cash Acquisition Ensures Strength of Internet Backbone Network, Enhances Verizon's Ability to Serve Large Business and Government Customers - MCI to Also Pay Special Dividend, for a Total Value of $6.7 Billion -

About MCI : News

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