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Not sure when the bidding will stop. Even when they say it's over, don't be surprised to see things change.

Just when you thought it was over, well Qwest has come up with another big offer - $30 a share, or a total of $9.75 billion for MCI. That’s a 30% premium to Verizon’s $7.51 billion. I think with this offer. Q has matched the demands of MCI board, leaving them very few options. Q calls this offer its best and final offer. I thought that buying out Carlos Slim’s stake in MCI, Verizon had trumped Qwest at best and bought insurance at worst. MCI shareholders Legg Mason Capital, American Express and Omega Advisors are putting up $800...

So at the end of this bidding war, what is qwest going to be buying? How is bidding war affecting mci’s business currently? Any details on that?

i am not sure how this is affecting their business, but all i can say that qwest is on a very slippery slope right now with this deal. too expensive of a purchase in my opinion.

I think by persisting in the bidding, QWest has pretty clearly signaled that they are worthless on their own. If they don’t win, someone will be buying them up on the cheap in the near future. Maybe Verizon will buy them too, if they win the MCI fight . . .

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