Saturday, December 24, 2005

Verizon-MCI Deal Clears Last Hurdle

A Reuters newswire article, via C|Net News, reports that:

Verizon Communications said Friday that Washington state telecommunications regulators had approved its purchase of MCI, which sets the stage for Verizon and MCI to close the deal in early January.

With the OK from the Washington Utilities and Transportation Commission, the companies have now received all required regulatory approvals for the $8.6 billion deal, including federal, state and international, Verizon said.


Post a Comment

<< Home