TITLE

INVESTMENT BANKING DATABASE: TELECOMMUNICATIONS

PUB. DATE
February 2005
SOURCE
Investment Dealers' Digest;2/28/2005, Vol. 71 Issue 8, p52
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article presents information on the recent developments related to investment banking in the telecommunication sector. Qwest Communications International Inc., which lost an auction for MCI to Verizon Communications Inc. — despite making a higher offer — is still hoping to break up that deal and get a seat at the negotiating table. Federal prosecutors rested their conspiracy and fraud case against former WorldCom Inc. CEO Bernard Ebbers after four weeks of testimony. Prosecutors allege that fear of financial ruin motivated Ebbers, who is on trial in federal court in Manhattan.
ACCESSION #
16262905

 

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