Verizon's new earnings have just been released, discover why they're capturing attention. Using their trading system, Zack's experts give you their prediction for VZ in free RPT
Search results
Jan 6, 2006 · Under terms of the merger agreement, MCI shareholders will receive 0.5743 shares of Verizon and cash for each of their MCI shares. 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 ...
- Verizon to Acquire MCI for $5.3 Billion in Equity and Cash
This is worth $4.795 billion and equivalent to $14.75 per...
- Verizon to Acquire MCI for $5.3 Billion in Equity and Cash
Feb 14, 2005 · 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. This consideration is subject to adjustment at closing and may be decreased based on MCI's bankruptcy claims-related experience.
Jan 6, 2006 · In addition, Verizon will make a cash payment of $2.738 per MCI share. That put the value of the deal at $20.40 a share. By acquiring MCI, Verizon obtains its own long-distance network and a large ...
Feb 14, 2005 · Verizon, the largest US telecommunications company, on Monday sealed an agreement to buy MCI, the long-distance carrier once known as WorldCom, for $6.75bn (£3.62bn) in cash and stock, after a ...
Charles Dharapak / AP. 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 ...
Feb 14, 2005 · Feb. 14, 2005. Verizon, the nation's largest regional phone company, reached a deal last night to acquire MCI for about $6.6 billion is cash and stock, the latest merger in the rapidly ...
People also ask
Is Verizon buying MCI Corp?
How much money did Verizon pay for MCI merger?
What's new with Verizon & MCI?
How much equity does Verizon have to buy MCI?
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.
