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Jan 6, 2006 · Verizon and MCI have been engaged in integration planning since the merger was approved by MCI shareholders on Oct. 6, 2005. Under terms of the merger agreement, MCI shareholders will receive 0.5743 shares of Verizon and cash for each of their MCI shares.
Feb 14, 2005 · NEW YORK and ASHBURN, Va. - Verizon Communications Inc. (NYSE:VZ) and MCI, Inc. (NASDAQ:MCIP) today announced that Verizon has agreed to acquire MCI for $4.8 billion in equity and $488 million in cash. The transaction adds new strength to the telecommunications services both companies provide.
Oct 31, 2005 · YORK and ASHBURN, Va. - Federal Communications Commission today approved the proposed acquisition of MCI, Inc. (NASDAQ:MCIP) by Verizon Communications Inc. (NYSE:VZ) after concluding the transaction advances the public interest.
Jan 6, 2006 · WASHINGTON (MarketWatch) -- Verizon Communications on Friday closed the $8.5 billion purchase of MCI Inc., the nation's second largest long-distance carrier, as the combined company gears up to...
In July 1971, MICOM was restructured into MCI Communications, and the company began the process of absorbing the regional carriers into a single corporation. MCI became a public company via an initial public offering on June 22, 1972.
Feb 14, 2005 · Verizon Communications Inc. has agreed to acquire MCI Inc. in a deal valued at $6.7 billion, the companies announced today, ending weeks of speculation about a likely deal.
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Feb 13, 2005 · Verizon Communications Inc. has agreed to acquire MCI Corp. for more than $6.7 billion in a deal that snatches the once-troubled long-distance provider away from a rival bid and represents the...
