WASHINGTON (MarketWatch) -- MCI Inc. rejected the latest $8.9 billion takeover bid by Qwest Communications Inc., voting to stay with original suitor Verizon Communications Inc. despite its lower offer ...

MCI Inc. Wednesday said it would hold continued talks with suitor Qwest Communications International Inc., prolonging the takeover push for the No. 2 U.S. long-distance telephone company. MCI has ...

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Verizon Communications, which has agreed to acquire MCI Inc., on Wednesday said it would grant MCI two weeks to hold additional talks with rival bidder Qwest Communications International Inc. The ...

MCI Inc.'s board of directors yesterday embraced a cash-rich offer from Qwest Communications International Inc. after months of saying the company was a financially weaker and strategically less ...

The chief executive of MCI Inc. said on Friday the company would do its utmost to close its $6.75 billion deal with Verizon Communications Inc. in a timely fashion. MCI CEO Michael Capellas touted the ...

An investor in MCI Inc. is trying to foil the pending merger with Verizon Communications Inc. and stir up interest in an alternate deal by launching a proxy fight, urging other shareholders to vote ...

NEW YORK - MCI Inc. accepted a sweetened $7.64 billion takeover proposal from Verizon Communications Inc. on Tuesday that raises the price tag by $1 billion, but is still nearly a billion dollars shy ...

WASHINGTON (MarketWatch) -- MCI Inc. reported third-quarter net income of $271 million, or 82 cents a share, a reversal from the prior year's net loss of $3.4 billion, or $10.65 a share. Results for ...

MCI Inc.’s Web conferencing offering with Microsoft Corp. is just the beginning of a move to let users make PCs into phones, MCI President and CEO Michael Capellas said in a keynote address yesterday ...

MCI Inc. announced improvements to its online customer management portal this week to help Web hosting customers better manage their MCI voice and data services. MCI’s new MCI Customer Center, ...

NEW YORK -- MCI Inc. and Onvoy Inc., a Minnesota phone and Internet company, have settled AT&T; Corp.'s charges that they passed phone-call routing fees on to AT&T,; the companies said Monday. Terms ...