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In 1989, it became a corporation as a result of a merger with Advantage Companies Inc. The company name was changed to LDDS WorldCom in 1995, and it relocated to Clinton, Mississippi. The company grew rapidly in the 1990s, after completing several mergers and acquisitions.
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 · The U.S. telecom industry's consolidation spree continued unabated Monday with news that Verizon Communications is buying MCI Corp. in a cash and stock deal valued at almost $6.8 billion US.
Feb 16, 2005 · In response to a rapidly declining long-distance phone business, the company is being acquired by another Baby Bell, SBC Communications, for $16 billion.
Feb 15, 2005 · In response to a rapidly declining long-distance phone business, the company is being acquired by another Baby Bell, SBC Communications, for $16 billion.
Feb 15, 2005 · It was William G. McGowan who in 1968 saw the potential to make history with the fledgling MCI, which had begun five years earlier as an 11-employee company seeking to build a row of microwave...
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Jun 1, 2016 · When Motor Coach Industries (MCI) was acquired by New Flyer on Dec. 18, 2015, the two companies came together to form a family of nearly 5,000 team members supporting over 42,000 transit buses and 28,000 motor coaches in operation daily throughout the U.S. and Canada.
