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Read More »Qwest Said to Raise MCI Offer to $8.5B
NEW YORK – Qwest Communications International Inc. (Q) is raising its offer to buy MCI Inc. (MCIP) to $8.5 billion, adding nearly half a billion dollars cash to its bid to scuttle the long-distance phone company’s merger with Verizon Communications Inc. (VZ), a source familiar with Qwest’s plans said Wednesday. …
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