[H-GEN] WorldCom MCI takeover

[Frank Brand]

David Jericho wrote:
> 
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> 
> Standing in the petrol station before (no, I'm not still driving :), I
> noticed the front page of todays "Australian Fiancial Review". There down
> the bottom was a story in brief about WorldCom's hostile takeover bid of
> MCI for a cool $30 billion US.
> 
> If I understood a story a few weeks back, WorldCom sold Compuserve to AOL,
> in exchange for some big bikkies and AOL's ANS (network services
> department). Combine ANS and MCI, and you have the worlds largest data
> communications company that effectively controls over 10 million peoples
> internet connections, plus countless others whos traffic travels over MCI.
> 
> Has anyone else heard any more on this, or have I gotten it all fuddled
> up?
> 

Seems it is right. I noticed it on Yahoo business news yesterday.

See the following :-

http://www.yahoo.com/headlines/971002/wired/stories/asia_1.html

Probably does not mean a lot to you but for those who use business
databases M.A.I.D. is buying Knight-Ridder bits for $420 million too.
-- 
Frank Brand
E-mail: fbrand at mailbox.uq.edu.au
Homepage: http://www.uq.edu.au/~zzfbrand
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