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Politics : Idea Of The Day

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To: Skywatcher who wrote (31382)	5/7/2000 7:25:00 PM
From: IQBAL LATIF	Read Replies (1) of 50167

You are right, lets get back to markets with this good one... - NTT Communications, a unit of Nippon Telegraph and Telephone Corp., (9432.T) (NYSE:NTT - news) on Sunday said it would buy the 90 percent of Web site manager Verio Inc. (NasdaqNM:VRIO - news) it does not already own for about $5.5 billion. Under the agreement, Tokyo-based NTT will acquire Englewood, Colo.-based Verio for $60 a share. The total value of the deal does not include the 10 percent of Verio shares, worth about $500 million that NTT bought in May 1998, NTT said.

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