header header
Las Vegas Business Press
Thursday, August 28, 2008
MCI Shareholders OK Verizon Purchase

By Dave Berns
October 6, 2005

“MCI Inc. shareholders voted overwhelmingly Thursday to approve an $8.4 billion acquisition by Verizon Communications Inc., despite some lingering shareholder resentment over the company’s rejection of a higher bid,” reports The Associated Press.

“At a meeting at the company’s headquarters, stockholders voted 210 million shares in favor of the acquisition, with 28 million shares opposed.”





Comments are closed.


Comments are closed.