Tuesday, July 13, 2004 - The Progress & Freedom Foundation Blog

Consolidation Looming?

Probably not. Yesterday's news that Leucadia National Corp. is seeking FTC clearance to purchase a controlling share of MCI gave a big boost to both MCI's and AT&T's stock prices. Although speculation of a "bidding war" has ensued, Business Week's take is a more plausible assessment.

posted by @ 12:01 PM | General