Tuesday, April 26, 2005

 

MCI appears to be going with Qwest

Guess it does make a difference if shareholders ask for more money. After riding with Verizon's offer for sometime, the MCI board has accepted Qwests offer of $9.7 billion.

Now the question is, if Qwest does actually win the bidding war, will it have any money left to do anything with MCI?
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