Verizon in $5.3 Billion Acquisition of MCI
February 14, 2005
February 14, 2005
Cleary Gottlieb is representing Verizon on international antitrust matters arising out of its pending acquisition of MCI. Verizon has agreed to acquire MCI for $4.8 billion in equity and $488 million in cash (a total value of approximately $5.3 billion).