Qwest raises offer for MCI

Qwest Communications upped its bid for MCI to $8.9 billion, from $8.3 billion. Verizon Communications reportedly was considering calling for a vote by MCI shareholders on its $7.5 billion offer to possibly end the takeover battle.

Wall Street Journal, The | 4/1 Bookmark and Share

This story published in USTelecom dailyLead® on 04/01/2005





Get stories like these delivered daily for FREE:
USTelecom dailyLead®
Designed specifically for telecommunications executives like you, USTelecom dailyLead® is a FREE daily e-mail newsletter. It provides the latest need-to-know news and industry information that maximizes your time, giving you an edge over your competition. Learn more