MCI Says Qwest's $9.9 Bln Bid Superior
Reuters today reports that "MCI Inc. on Saturday declared a $9.9 billion takeover bid from Qwest Communications International Inc. superior to its existing $7.8 billion merger agreement with Verizon Communications Inc., marking a significant twist in the three-month takeover battle for the No. 2 U.S. long-distance telephone company."
posted by Fergie @ 4/23/2005 10:24:00 AM
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