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1. • $4.50 per share

     • In addition, MCI will pay its shareowners quarterly and special dividends of $4.50 per share, worth $1.463 billion.
     www.verizon.com/about/news/press-releases/verizon-acquire-mci-53-billion-equity-and-cash

     Verizon to Acquire MCI for $5.3 Billion in Equity and Cash

2. People also ask

   How do MCI shareholders exchange their shares?

   • MCI shareholders holding certificates will very shortly receive information about how to exchange their shares. MCI shareholders who hold their shares in book entry or through a broker will have their shares automatically exchanged for Verizon shares and cash. Verizon shareholders need not take any action.

   Verizon and MCI close merger, creating a stronger competitor for

   www.verizon.com/about/news/verizon-and-mci-close-merger-creating-stronger-competitor-advanced-communications-services

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   How much is MCI worth?

   • MCI shareowners will receive 0.4062 shares of Verizon common stock for each common share of MCI. This is worth $4.795 billion and equivalent to $14.75 per MCI share, based on Verizon's closing price on Friday, Feb. 11. MCI shareowners will also receive $1.50 per MCI share in cash, worth $488 million.

   Verizon to Acquire MCI for $5.3 Billion in Equity and Cash

   www.verizon.com/about/news/press-releases/verizon-acquire-mci-53-billion-equity-and-cash

   See all results for this question

   What happened to MCI shares?

   • Effective today, trading in MCI's common stock (NASDAQ:MCIP) has been halted. MCI shareholders holding certificates will very shortly receive information about how to exchange their shares. MCI shareholders who hold their shares in book entry or through a broker will have their shares automatically exchanged for Verizon shares and cash.

   Verizon and MCI close merger, creating a stronger competitor for

   www.verizon.com/about/news/verizon-and-mci-close-merger-creating-stronger-competitor-advanced-communications-services

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   How much money did Verizon pay for MCI merger?

   • Verizon elected to make a supplemental cash payment of $2.738 per MCI share (or $779 million in the aggregate), rather than issue additional shares of Verizon, so that the merger consideration was equal to at least $20.40 per share of MCI.

   Verizon and MCI close merger, creating a stronger competitor for

   www.verizon.com/about/news/verizon-and-mci-close-merger-creating-stronger-competitor-advanced-communications-services

   See all results for this question

   What happens if MCI shareholders hold their shares in book entry?

   • MCI shareholders who hold their shares in book entry or through a broker will have their shares automatically exchanged for Verizon shares and cash. Verizon shareholders need not take any action. Verizon's top management team and Board of Directors remain unchanged.

   Verizon and MCI close merger, creating a stronger competitor for

   www.verizon.com/about/news/verizon-and-mci-close-merger-creating-stronger-competitor-advanced-communications-services

   See all results for this question

   How much money will MCI shareowners receive?

   • MCI shareowners will also receive $1.50 per MCI share in cash, worth $488 million. This consideration is subject to adjustment at closing and may be decreased based on MCI's bankruptcy claims-related experience.

   Verizon to Acquire MCI for $5.3 Billion in Equity and Cash

   www.verizon.com/about/news/press-releases/verizon-acquire-mci-53-billion-equity-and-cash

   See all results for this question

3. www.verizon.com › about › newsVerizon and MCI close merger, creating a stronger competitor ...

   www.verizon.com › about › news

   • Cached

   Jan 6, 2006 · Verizon elected to make a supplemental cash payment of $2.738 per MCI share (or $779 million in the aggregate), rather than issue additional shares of Verizon, so that the merger consideration was equal to at least $20.40 per share of MCI.

4. www.verizon.com › about › newsVerizon to Acquire MCI for $5.3 Billion in Equity and Cash

   www.verizon.com › about › news

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   Feb 14, 2005 · In addition, MCI will pay its shareowners quarterly and special dividends of $4.50 per share, worth $1.463 billion. This includes a 40-cent-per-share quarterly dividend approved by the MCI Board on Friday, Feb 11. In total, the transaction values MCI shares at $20.75 a share, or $6.746 billion.

5. money.cnn.com › 2005/02/14 › technologyVerizon to buy MCI in $6.7B deal, beating out Qwest - Feb. 14 ...

   money.cnn.com › 2005/02/14 › technology

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   Feb 14, 2005 · The deal brings MCI shareholders $20.75 in cash, Verizon stock and dividend payments for each of their shares, based on Friday's closing price. That matches the closing price of MCI shares on...

6. www.ft.com › content › ffaac0ca-7e84-11d9-9c86-00000Verizon to buy MCI for $6.75bn | Financial Times

   www.ft.com › content › ffaac0ca-7e84-11d9-9c86-00000

   Feb 14, 2005 · Under the terms of the deal, MCI is valued at $20.75 per share, or $6.75bn. That figure, which represents an 11 per cent premium above to MCI's share price before the SBC/AT&T deal,...

7. www.nbcnews.com › id › wbna6964419Verizon to buy MCI for $6.7 billion - NBC News

   www.nbcnews.com › id › wbna6964419

   • Cached

   Under the agreemnt, Verizon will pay $4.795 billion worth of its stock and $488 million in cash for MCI’s shares. In addition, MCI shareholders will be paid dividends worth $1.463 billion.

8. www.computerworld.com › article › 1718737Update: Verizon sweeps up MCI in $6.7B merger - Computerworld

   www.computerworld.com › article › 1718737

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   Feb 14, 2005 · Verizon will pay $4.8 billion in shares and $488 million in cash to buy MCI. Meanwhile, MCI will pay its shareowners quarterly and special dividends of $4.50 per share, worth $1.46...

9. www.computerworld.com › article › 1459131Verizon sweeps up MCI in $6.7 billion merger – Computerworld

   www.computerworld.com › article › 1459131

   • Cached

   Feb 14, 2005 · MCI, meanwhile, will pay its shareowners quarterly and special dividends of $4.50 per share, worth $1.46 billion, bringing the total value of the deal to $6.7 billion, the companies said.