A marriage of convenience

Article Abstract:

The British Telecom acquisition of MCI may be the largest transatlantic merger ever, but it does signify a revolution in the industry. The UK and US giants had been partners in a global corporate-telecom joint venture since 1993. The takeover was mostly to prevent anyone else from buying MCI.

British Telecommunications PLC, MCI Communications Corp., MCIC

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And this is competition? Telecoms mergers

Article Abstract:

The merger of Bell Atlantic and Nynex will create the second largest telecommunications company in the US, with a $50 billion market value. The deal may have a hard time being approved by regulators though, as there are concerns that it may restrict competition.

Management, Acquisitions and mergers, Bell Atlantic Corp., BEL, NYNEX Corp., NYN

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