Thursday, December 29, 2005
Washington Is Final State to Approve Verizon-MCI Transaction
December 23, 2005
Closing on Acquisition Will Take Place Early Next Year
NEW YORK and ASHBURN, Va. – With the approval today by the Washington Utilities and Transportation Commission, Verizon and MCI have successfully completed all the state, federal and international approvals for the two companies to be combined.
The final state approval today sets the stage for Verizon to close on its acquisition of MCI, as planned, early in January, after all requirements in the merger agreement are met.
Since the transaction was announced last February, the two companies had been seeking the approval of various regulatory agencies. The companies have now received formal approval from 22 states and the District of Columbia. Although additional formal approval was not required from other states, many of them reviewed the transaction, and either approved it or decided to take no further action.
Read the full story:
Washington Is Final State to Approve Verizon-MCI Transaction
Closing on Acquisition Will Take Place Early Next Year
NEW YORK and ASHBURN, Va. – With the approval today by the Washington Utilities and Transportation Commission, Verizon and MCI have successfully completed all the state, federal and international approvals for the two companies to be combined.
The final state approval today sets the stage for Verizon to close on its acquisition of MCI, as planned, early in January, after all requirements in the merger agreement are met.
Since the transaction was announced last February, the two companies had been seeking the approval of various regulatory agencies. The companies have now received formal approval from 22 states and the District of Columbia. Although additional formal approval was not required from other states, many of them reviewed the transaction, and either approved it or decided to take no further action.
Read the full story:
Washington Is Final State to Approve Verizon-MCI Transaction
Monday, December 26, 2005
Happy Holidays
Gil-Net Communications would like to say Happy Holidays to one and all.
