26 Aug
1996
26 Aug
'96
4:50 p.m.
It's "Worldcom", the product of the acquisition of what was "WilTel" from the The Williams Companies by LDDS. (The right to use the WilTel name reverted to The Williams Companies six months after the transaction closed.)
...and where did they get 14.1 billion dollars?
According to the WSJ story this morning, they didn't get 14.1 billion dollars....they traded shares of Worldcom valued at 14.1 billion dollars at the (then) last market close in exchange for the stock of MFS.
Does this mean that it's going to be even harder to deal with MFS? Humpf.
-Bill
________________________________________________________________________________ bill woodcock woody@zocalo.net woody@applelink.apple.com user@host.domain.com
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