Verizon to Acquire MCI for $6.7 Bil.

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NEW YORK Verizon Communica-
tions said Monday it would buy MCI in a deal valued at $6.7 billion.

The deal would give Verizon, already the largest telecom group in the U.S., access to MCI’s Internet network and its long-distance operations and enterprise customers, including the U.S. Departments of Defense and Homeland Security.

The deal includes $5.3 billion in stock and cash. With a special dividend to be paid to MCI shareholders, the deal is worth a total of about $6.7




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