European regulators today approved the merger of Verizon Communications Inc. and MCI Inc.
The $8.4 billion transaction has yet to be approved in the United States, although MCI shareholders yesterday gave their thumbs-up to the deal.
The European Commission determined the deal will not harm competition in the region.
Verizon and MCI issued a joint statement saying the merger remained on track to close by the end of this year or early next.
"The big, one-stop-shop providers just can't keep up with this pace of change." goo.gl/fb/Ew3Lq2
March 22 2019 @ 20:35:09 UTC