WorldCom Sprint merger blocked by U S antitrust suit
The Justice Department sued to stop the 129 billion merger of WorldCom and Sprint saying the union would reduce competition and raise prices for millions. The EU signaled likely rejection as the firms withdrew notification, weighing options on U S court action or withdrawal.
MENTIONED IN THIS ARTICLE
Washington
Justice Department
WorldCom Inc
Sprint Corp
European Commission
United States
European Union
Mario Monti
Janet Reno
At&t
Baby Bells
WorldCom
Sprint
Reno
J. Richard Devlin
Devlin
Michael Salsbury
New York Stock Exchange
Europe
Joel I. Klein
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Joel Klein
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Cigarette Firms Win State Tobacco Liability Trial
A New York jury found RJ Reynolds Tobacco Co and other cigarette makers not liable for 56 year old Clyde Andersons lung cancer after a two month trial. Anderson argued prior to 1969 warning labels and later reduced safety measures, but the defense contended he knew the risks and chose to smoke Salems for 33 years.
MENTIONED IN THIS ARTICLE
New York
R.J. Reynolds Tobacco Co
Clyde Anderson
Anderson
R.J. Reynolds
Salems
Congress
Stephen Kaczynski
RJ. Reynolds
Leonard Finz
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