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Technology Stocks : GTE
GTE 4.060+4.9%3:59 PM EST

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To: tonto who wrote (561)7/27/1998 11:23:00 AM
From: Ernie Kelley  Read Replies (1) of 671
 
Bell Atlantic, GTE May Merge
Monday July 27, 10:45 am Eastern Time

NEW YORK (AP) -- Bell Atlantic Corp. (NYSE:BEL - news) and GTE Corp. (NYSE:GTE - news) are discussing a merger that
would be worth as much as $55 billion, according to published reports today.

In what would be latest in a series of high-value mergers, Bell Atlantic and GTE would form a company with 62 million local
telephone lines, The Wall Street Journal reported. The move would also spring Bell Atlantic into desired long-distance markets.
biz.yahoo.com
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