for those wondering why MCITE is trading and the ticker merger did not happen, here is the 8K they filed today:
WCOME -- WorldCom, Inc.
WorldCom Group (1 Cent)
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SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): July 12, 2002
WorldCom, Inc.
(Exact Name of Registrant as Specified in its Charter)
Georgia 0-11258 58-1521612
(State or Other Jurisdiction (Commission File Number (IRS Employer
Incorporation) Number) Identification
Number)
500 Clinton Center Drive
Clinton, Mississippi 39056
(Address of Principal Executive Office)
Registrant's telephone number, including area code: (601) 460-5600
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ITEM 5. OTHER EVENTS.
On July 12, 2002, the Company issued a press release announcing that at the request of the Securities and Exchange Commission, the United States District Court of the Southern District of New York has entered an order staying for seven business days the previously announced conversion of each outstanding share of MCI Group Common Stock into 1.3594 shares of WorldCom Group Common Stock. Copies of the press release and the Order are filed as Exhibits hereto and incorporated by reference herein.
ITEM 7 (C). EXHIBITS.
See Exhibit Index.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
WORLDCOM, INC.
Date: July 12, 2002 By: /s/ Michael H. Salsbury
Michael H. Salsbury
Executive Vice President & General Counsel
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EXHIBIT INDEX
EXHIBIT NO. DESCRIPTION
99.1 Press Release Dated July 12, 2002
99.2 Order of United States District Court of
Southern District of New York
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EXHIBIT 99.2
UNITED STATES DISTRICT COURT
SOUTHERN DISTRICT OF NEW YORK
-------------------------------------------------------------x SECURITIES AND EXCHANGE COMMISSION, :
:
Plaintiff, : 02-CV-4963 (JSR)
:
v. :
:
WORLDCOM, INC., :
:
Defendant. :
:
-------------------------------------------------------------x
ORDER
WHEREAS, Plaintiff Securities and Exchange Commission, by and through its counsel of record, has submitted this Order for the Court's consideration, and good cause appearing therefor; and
WHEREAS Defendant WorldCom, Inc. ("WorldCom") has stated that it does not object to the entry of this Order.
IT IS HEREBY ORDERED that defendant WorldCom, its directors, officers, agents, accountants, employees, and attorneys, and each of them, are stayed for seven (7) business days from the date of this Order from consummating the previously-announced conversion of each share of WorldCom, Inc. - MCI Group common stock into 1.3594 shares of WorldCom, Inc. - WorldCom Group common stock.
Dated: July 12, 2002 /s/Jed S. Rakoff
__________________________________
United States District Judge
TO:
Peter H. Bresnan
Deputy Chief Litigation Counsel
Securities and Exchange Commission
450 Fifth Street, NW
202/942-4788 (phone)
202/942-9581 (fax)
Paul C. Curnin, Esq.
Simpson Thacher & Bartlett
425 Lexington Avenue
New York, New York 10017-3954
212/455-2519 (phone)
212/455-2502 (fax)
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EXHIBIT 99.1
FOR IMMEDIATE RELEASE
Contacts: Media Investors
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Brad Burns Scott Hamilton
(800) 644-NEWS (877) 624-9266
WORLDCOM, INC. ANNOUNCES POSTPONEMENT OF CONVERSION OF MCI
GROUP COMMON STOCK
CLINTON, Miss., July 12, 2002 - WorldCom, Inc. (Nasdaq: WCOME, MCITE), today announced that at the request of the Securities and Exchange Commission, the United States District Court of the Southern District of New York has entered an order staying for seven business days the previously announced conversion of each outstanding share of MCI Group Common Stock into 1.3594 shares of WorldCom Group Common Stock.
About WorldCom, Inc.
WorldCom, Inc. (NASDAQ: WCOME, MCITE) is a pre-eminent global communications provider for the digital generation, operating in more than 65 countries. With one of the most expansive, wholly-owned IP networks in the world, WorldCom provides innovative data and Internet services for businesses to communicate in today's market. In April 2002, WorldCom launched THE NEIGHBORHOOD BUILT BY MCI - the industry's first truly any-distance, all-inclusive local and long-distance offering to consumers for one fixed monthly price. For more information, go to worldcom.com.
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End of Filing |
