Well, the value of the deal has gone down to about $12.4 billion since
"WorldCom"'s stock has taken a tumble today, down almost 14%. The deal is
just a stock swap, so they really don't have that much cash. But the new
MFS WorldCom is said to rival the baby bells in market cap, and it will be
bigger than MCI.
The interesting part of it all is that now there is one company that can
provide the local loop, the inter-exchange circuit, and the Internet port.
Bradley Dunn
Harbor Communications