MCI chief Mike Capellas, after respectfully
acknowledging Qwest’s offer, told investors that his company was
committed to its pending deal with Verizon. [via thestreet.com]
It looks like I was right, MCI want’s to work with Verizon. MCI and Verizon had to be the right fit for each other. An extra 1.5 odd billion now would be wasted, as the lack of synergies could result in greater costs and result in bigger pain when the companies merge if the deal isn’t right for both parties.
