WorldCom bids $29.4 billion for MCI to derail BT deal
WorldCom offers 29.4 billion dollars for MCI to block its pending merger with British Telecom and become the second largest U S long distance provider. The move leverages WorldCom’s fiber network to win MCI’s 20 million households and expand Internet services. WorldCom also files a Delaware lawsuit to stall the BT MCI agreement as shareholders weigh the offer.
MENTIONED IN THIS ARTICLE
New York
WorldCom, Inc
MCI
British Telecom
U.S
WorldCom
At&t
Steve Shook
Interstate/Johnson Lane
Charlotte
N.C
British Telecommunications PLC
Atlantic
MCI Communications Inc
Bernard J. Ebbers
Sprint
Frank Walter
Wilmington
Del
Nynex Corp
Pacific Telesis Group
SBC Communications Inc
WorldCom Inc
MCI Communications Corp
Wapcom
NCI
McGrew Real Estate expands with Monterey Business Park plan
McGrew Real Estate Inc announces expansion into Monterey Business Park in northwest Lawrence. The park, north of Sixth Street between Eldridge and Monterey, will host five additional half acre sites designed by Michael Treanor and Associates and built by Doug Brenn Construction. The company aims for a two year build out with a March opening for the second location and 18 to 20 staff at the new site.
MENTIONED IN THIS ARTICLE
McGrew Real Estate Inc
CpeTasores
Lawrence
McGrew
Monterey Business Park
Michael Treanor and
Doug Brown
Nuzum
Kasold
Dow climbs above 8000 on solid September data
The Dow Jones Industrial Average rose 70.24 to 8015.50, the first finish above 8000 since August 20, aided by a U S factory survey showing manufacturing activity accelerated at a modest pace. The report supported expectations for restrained inflation and stable rates, easing fears of early Fed rate hikes.
MENTIONED IN THIS ARTICLE
New York
Dow
Septemer
Federal Reserve
Fed
Ned Riley
Bank of Boston
Local market quotes and livestock prices across Midwest elevators
Prices at South Elevator Midland Elevator and North Elevator list wheat soybeans milo and corn bids. Cattle hogs and lambs are reported with weights, prices and receipts. Wednesday includes 18,200 slaughter steers and 10,100 heifers, volume 56,800 head week to date. commodities section shows metal and precious metal quotes in New York and London markets.
MENTIONED IN THIS ARTICLE
Farmer's Co-operative Assn
South Elevator
Milo
Midland
North
St. Josefu
New York
London
U.S
N.Y
Handy & Harman
N.q
N.a
Also Mentioned on This Page
Gregg Stein
Associated Press
St. Joseph Livestock
Dodge City Livestock
Omaha Livestock
Oana, Nes
Usba
Omaha
Diikeri
Richard Gwin
Journal-World Photo
Kent
Glass Gallery
Hillcrest
Lawarenwce Journal- World
Eme
Jayhawk Club
Lawrence Journal-World
Ocal
Lawrence Journal- World
Olene Sturdevant Agency
WU Plasch