Qwest Communications International Inc. is showing itself to be a determined suitor as it prepares a revised bid for MCI Inc. that’s aimed at upending last week’s pact with Verizon Communications Inc.
NEW YORK — Verizon threatened Monday to abandon its $7.5 billion buyout deal for MCI Inc. rather than pay more should the long-distance telephone company declare a rival $8.9 billion offer from Qwest ...
MCI Inc.'s board of directors yesterday embraced a cash-rich offer from Qwest Communications International Inc. after months of saying the company was a financially weaker and strategically less ...
WASHINGTON (MarketWatch) -- Shares of MCI Inc. crept higher in Thursday trades, signaling the view of many investors that the takeover battle between Verizon Communications Inc. and Qwest ...
MCI Inc. said yesterday that it is eliminating 2,000 U.S. sales jobs as part of a cost-cutting effort in the face of increasing competition, declining revenue and greater reliance by consumers on ...
MCI Inc. shareholders owning at least 20 percent of the company plan to withhold votes for directors at next week's annual meeting to protest the board's decision to accept a takeover bid from Verizon ...
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