The MCI Takeover Battle: Verizon Versus Qwest
Posted: 22 Sep 2008
Date Written: September 21, 2006
SUBJECT AREAS: Bids, Board of directors, Capital markets, Corporate governance, Financial strategy, Mergers & Acquisitions, Takeovers, Valuation.
MCI's board of directors is considering competing bids from Verizon and Qwest. Qwest, a smaller company with a weaker balance sheet, is offering almost a billion dollars more. But Verizon, one of the largest telecommunications companies in the world, has a history of successful mergers and acquisitions.
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