TMCnet News
Verizon Issues Statement Regarding MCINEW YORK, April 1 /PRNewswire/ -- Verizon Communications Inc. today issued the following statement: "Verizon has a signed agreement with MCI that we believe will deliver superior value to MCI's shareholders. At MCI's request, we have agreed that it may have discussions with Qwest about any offer Qwest presents until the MCI shareholder vote." Verizon, MCI, and their respective directors, executive officers, and other employees may be deemed to be participants in the solicitation of proxies from MCI shareowners with respect to the proposed transaction. Information about Verizon's directors and executive officers is available in Verizon's proxy statement for its 2005 annual meeting of shareholders, dated March 21, 2005. Information about MCI's directors and executive officers is available in MCI's annual report on Form 10-K for the year ended December 31, 2004. Additional information about the interests of potential participants will be included in the registration statement and proxy statement and other materials filed with the SEC. Verizon Communications Inc. CONTACT: Eric Rabe of Verizon, +1-212-395-0500, [email protected] Web site: http://www.verizon.com/ Company News On-Call: http://www.prnewswire.com/comp/094251.html |