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Technology Stocks : Qwest Communications (Q) (formerly QWST) -- Ignore unavailable to you. Want to Upgrade?

To: KAF who wrote (5239)	10/11/1999 6:42:00 PM
From: RTev	Read Replies (1) \| Respond to of 6846

That's a fascinating article. It does a better job than most of showing just how difficult it would be for BLS to make a bid for QWST: "...BellSouth would have to carry about 80% of the votes cast aside from Anschutz's holdings. And either way, BellSouth would be forced to pay U.S. West its $80 million breakup fee." That indicates that they'd have to make a very expensive offer to assure such a high vote. One thing it doesn't point out is that BLS would have to come up with the proposal without discussions with QWST. I'm not surprised that BLS isn't interested in USW, and as a USW customer (but not a stockholder), I'm delighted to hear that rumor and hope it's true. USW hasn't done a good job of it so far, but it's clear that they want to transform themselves into a different kind of company than the more traditional BLS. The merger agreements, first with GBLX and then with QWST show how far they're willing to go to get there. It will be interesting to see what kind of creative merger notion they might pull out their sleeves if this one goes away.