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MCI takes revised Verizon offer

After considering a raised offer from Qwest Communications, MCI reportedly has accepted a revised bid from Verizon Communications that values MCI at about $7.6 billion. MCI said Verizon's good financial health was a major factor in choosing its offer over Qwest's. TheStreet.com (3/29), Bloomberg (3/29), CNET (3/29), Wall Street Journal, The (3/29)