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Qwest 'Keeps Door Open' on MCI
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| Qwest Communications InternationalInc. on Tuesday posted a smaller quarterly loss, and saidit would "keep every door open" after MCI Inc. spurnedits $7.3 billion takeover offer in favor of a lower bid fromVerizon Communications Inc. |
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Feb 15, 2005 21:06:06 |
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 142 ( 28 +19.71% ) | | Author | Reuters |
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| Similar news: | - Door open on bid for MCI - NEW YORKLeucadia National Corp. says it will seek antitrust clearance to buy more than 50 per cent of the stock in MCI Inc., the Number 2 long-distance carrier in the United States.
- MCI to Qwest: NO! NO! NO! - Long-distance telephone companyMCI Inc. rejected a $9.1 billion takeover offer fromQwest Communications International Inc., leaving the spurnedsuitor to gauge shareholder reaction as it weighs its next movein the two-month takeover battle.
- Qwest Modifies Bid for MCI - Qwest Communications InternationalInc. said on Thursday it would modify its $8 billion bidto buy long-distance telephone company MCI Inc. byadding protection against a drop in its stock price and givinga faster cash payout.
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