Friday, February 11, 2005

WSJ.com - Verizon-MCI Talks Advance; Merger Deal May Be Days Away

WSJ.com - Verizon-MCI Talks Advance; Merger Deal May Be Days Away: "Talks between Verizon Communications Inc. and MCI Inc. advanced yesterday, and the two companies could announce a deal in the next few days, according to people close to the situation.
Key issues, including exact price and who will end up running certain operations, remained fluid last night. But these people said those matters could be worked out soon. Movement toward a deal has gathered momentum."

While in 2001: Ebbers Avoided Verizon Deal, Trial Is Told -- in order to avoid scrutiny of Worldcom's then extensively-cooked books...
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