MCI WorldCom

10.15.1997

WorldCom, Inc. today issued the following statement in response to the proposal from GTE Corporation to acquire MCI Communications Corporation.

10.15.1997

GTE Corp. proposes to acquire MCI Communications Corporation in a transaction valued at approximately $28 billion in cash or $40.00 per share.

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10.14.1997

WorldCom announced today that it is mailing to all MCI shareholders its preliminary proxy statement and preliminary exchange offer prospectus.

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10.10.1997

WorldCom said that it was prepared to meet with MCI and its advisors at any time to address any questions the MCI board or its advisors may have regarding the WorldCom offer.

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10.09.1997

The FCC has extended the timetable for public comment on WorldCom's application to establish a voting trust.

12.31.1996

WorldCom, Inc. (WorldCom) today announced the merger between WorldCom and MFS Communications Company, Inc. (MFS) has been completed

12.30.1996

Jack Goldberg, NYNEX vice president for Wholesale Markets, issued a statement.

12.23.1996

The merger is expected to be completed on December 31, 1996.

12.06.1996

Tele-TV and its partners are finalizing a 1997 business plan for Tele-TV focused on supporting the partners' digital television products.

12.04.1996

MCI doesn't believe in fair competition, according to company testimony at a Nov. 12 hearing of the Delaware Public Service Commission.