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MCI rejects Qwest's offer for third time

MCI refused Qwest Communications' $8.9 billion takeover offer. The MCI board said in a statement the firm is "not willing to jeopardize the certainty of its Verizon agreement for the uncertainties surrounding the Qwest proposal." Bloomberg Businessweek/Associated Press (4/6), Denver Rocky Mountain News (4/6), Denver Post, The (4/6), Wall Street Journal, The (4/6)