NEW YORK — Verizon threatened Monday to abandon its $7.5 billion buyout deal for MCI Inc. rather than pay more should the long-distance telephone company declare a rival $8.9 billion offer from Qwest ...

Qwest Communications International Inc. is showing itself to be a determined suitor as it prepares a revised bid for MCI Inc. that’s aimed at upending last week’s pact with Verizon Communications Inc.

MCI Inc.'s board of directors yesterday embraced a cash-rich offer from Qwest Communications International Inc. after months of saying the company was a financially weaker and strategically less ...

WASHINGTON (MarketWatch) -- Shares of MCI Inc. crept higher in Thursday trades, signaling the view of many investors that the takeover battle between Verizon Communications Inc. and Qwest ...

NEW YORK -- MCI Inc. invited Qwest to reopen merger talks Friday, just three days after the long-distance phone company agreed to a sweetened $7.5 billion buyout from Verizon and a day after Qwest ...

MCI Inc. said yesterday that it is eliminating 2,000 U.S. sales jobs as part of a cost-cutting effort in the face of increasing competition, declining revenue and greater reliance by consumers on ...