MCI stakeholder files proxy against Verizon
MCI Inc. shareholder Deephaven Capital Management filed with regulators on Wednesday to solicit shareholder votes opposing Verizon Communications Inc.'s $8.44 billion acquisition of the long-distance carrier.
Deephaven, a fund manager that holds a 4.96 percent stake in MCI, said in a proxy statement filed with the U.S. Securities and Exchange Commission that a merger with Qwest Communications International Inc. "would be in the interest of MCI stockholders."
posted by Fergie @ 6/15/2005 06:49:00 AM
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