MCI WorldCom is reportedly considering a bid for MediaOne, the cable firm that has gathered multibillion-dollar offers from both Comcast and AT&T. Comcast has until Thursday to counter AT&T's $85-per-share bid.
"I highly doubt they [MCI WorldCom] would be favorably disposed toward an alliance."
- Greg Miller, an analyst at Jefferies & Co., in a Bloomberg report.
Will MCI WorldCom bid for MediaOne? update
The long distance phone company may join Comcast in an attempt to outbid AT&T for MediaOne Group, a person familiar with the companies' plans says.
MediaOne to negotiate deal with AT&T update
The cable operator currently juggling takeover bids from AT&T and Comcast signs on to a confidentiality agreement with the long distance giant. (April 26, 1999)
AT&T makes surprise bid for MediaOne update
The long distance giant makes a surprise bid for cable company MediaOne, hoping to disrupt last month's merger agreement between MediaOne and Comcast. (April 23, 1999)
Comcast to buy MediaOne in $60 billion deal update
The fourth largest U.S. cable provider agrees to acquire MediaOne Group, the third biggest U.S. cable firm, in a $60 billion stock deal that would create a broadband communications firm. (March 22, 1999)
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