NEW YORK Qwest dropped out of the bidding war for MCI Inc. on Monday after MCI agreed to another new deal with Verizon, rejecting a higher-priced bid from Qwest for the fourth time. "It is no longer ...
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.
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) -- MCI Inc. rejected the latest $8.9 billion takeover bid by Qwest Communications Inc., voting to stay with original suitor Verizon Communications Inc. despite its lower offer ...
MCI has accepted a revised $7.64 billion acquisition bid from Verizon Communications, rejecting a higher offer from Qwest Communications, MCI announced Tuesday. The Verizon bid increases the cash ...
NEW YORK -- MCI Inc. invited Qwest to reopen merger talks Friday, just three days after the long-distance phone company agreed to a sweetened $7.5 billion buyout from Verizon and a day after Qwest ...