Business Briefs

The Record, Bergen County, NJ (June 16, 2005)

Author: From News Service Reports
Permanent Link: http://vlex.com/vid/business-briefs-62673423
Id. vLex: VLEX-62673423

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Summary:

Fund seeks to scuttle MCI deal

DENVER - A hedge fund said Wednesday that it plans to solicit MCI Inc. shareholder support to defeat Verizon Communications' $8.5 billion takeover and persuade Qwest Communications to offer a new bid.

Extract:

Business Briefs

In a Securities and Exchange Commission filing, Minnetonka, Minn.- based Deephaven Capital Management, an MCI shareholder, said it would solicit proxies fr...



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