verizon-mci

 

Megamergers a Go: FCC Approves Verizon-MCI, SBC-AT&T Combinations

The FCC today approved the merger of Verizon Communications Inc. and MCI Inc. and the SBC Communications Inc. takeover of AT&T Corp. The Department of Justice late last week also gave the transactions its stamp of approval; todays FCC approval clears the way for the four companies to complete the deals. The FCC was scheduled […]

DOJ Clears Verizon-MCI Merger

The US. Department of Justice today cleared the way for Verizon Communications Inc. to buy MCI Inc. and the FCC is expected to vote on the combination tomorrow. The departments Antitrust Division filed civil lawsuits today in U.S. District Court in Washington, D.C. to block the proposed acquisition, but the proposed settlements it attached would […]

European Commission Approves Verizon-MCI Merger

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 […]

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