So it now seems that the board of MCI are open to the @30 per share acquisition offer from Qwest. Verizon execs have a few days to respond with a sweetened bid of their own, but this latest event seems to indicate that MCI’s shareholders voices are finally being heard screaming “take the money!”
To my mind the Verizon deal is still a better one structurally. We’ll see who wins out in the end, though.
