SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : WCOM -- Ignore unavailable to you. Want to Upgrade?


To: Eric L who wrote (5111)10/1/1999 7:58:00 PM
From: Anthony Wong  Read Replies (1) | Respond to of 11568
 
BellSouth May Bid for Sprint, Business Week Online Reports
10/1/99 3:50:00 PM
Source: Bloomberg News

Atlanta, Oct. 1 (Bloomberg) -- BellSouth Corp., which provides local
phone service in nine Southeastern states, is mulling a bid for No. 3
U.S. long-distance carrier Sprint Corp., Business Week Online
reported, citing unidentified sources. The magazine's Web site said
Sprint's local, long-distance and wireless assets would give BellSouth
the national and international reach it lacks. If MCI WorldCom moves to
buy Sprint, BellSouth would then bid for potions of Sprint, such as the
Internet assets MCI WorldCom would likely have to divest to win
approval for the purchase. However, BellSouth is unlikely to have its
counteroffer ready before Sprint's board is scheduled to meet next, on
Oct. 3,
the Web site said.

MCI WorldCom and Sprint are
discussing a merger that would give MCI
WorldCom the wireless assets analysts
and investors have said the company
needs, a person familiar with the
negotiations said last Friday. BellSouth
and MCI WorldCom declined to
comment. Sprint wasn't immediately
available to comment. (Business Week
Online 10/1
www.businessweek.com/today.htm)

cnetinvestor.com



To: Eric L who wrote (5111)10/1/1999 8:02:00 PM
From: Anthony Wong  Read Replies (2) | Respond to of 11568
 
Sprint Corp. CEO Addresses MCI Merger Talk
dailynews.yahoo.com

You don't even have to read between the lines. It's pretty clear this is going to happen, and the announcement would likely be on Monday.