Verizon, MCI file S-4 with SEC
Verizon Communications and MCI filed an S-4 registration statement with the SEC, signaling that MCI would hold a shareholder vote at some point in the near future. MCI's board plans to seek an improved offer from Verizon following Verizon's move to acquire MCI shareholder Carlos Slim Helu's 13% stake in the Ashburn, Va., based telco. Meanwhile, Qwest is seeking a cash infusion from private equity companies as part of an effort to gain flexibility for another offer.
Wall Street Journal, The
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This story published in USTelecom dailyLead® on 04/12/2005
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