Telecom Takeovers

Qwest Sweetens MCI Bid

By Jonathan Weber, 2-24-05

Qwest has raised its offer for MCI, adding more cash and protections against a decline in Qwest stock. The offer is now 20% higher than the Verizon deal that MCI has agreed to accept. I'm sticking with my prediction that Qwest will lose this one. [End of article]
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