Word: carriere
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...they ever. Just ask MCI. In a bid that would mark the biggest corporate buyout in U.S. history, the country boy from Canada by way of Mississippi last week offered $30 billion in WorldCom stock for MCI, the country's second largest long-distance carrier and a company four times the size of WorldCom. The bid demolished British Telecommunication's $18.7 billion offer for MCI just as the two phone giants were preparing to seal their transatlantic deal. It also shattered BT's plan to make the MCI merger the focus of its global strategy, a consequence that didn...
...aircraft carrier will rush to the Gulf following an Iranian airstrike inside Iraq (TIME Daily...
While the Pentagon announced Friday it had moved forward by a week the deployment of the aircraft carrier Nimitz in the Persian Gulf, TIME Pentagon correspondent Mark Thompson believes the move is primarily a publicity exercise. The move came after the Monday attack by Iranian warplanes on exiled rebel bases inside Iraq, which violated the U. no-fly zone. But, says Thompson, ?these cross border spats have been going on since the Iran-Iraq war ended in 1988.? Although rushing the Nimitz to the region makes clear that the no-fly zone will be enforced, ?it?s mostly...
...soon became apparent that the carrier was the female Phlebotomus orientalis sand fly, which passes the deadly protozoan to humans in an unusual manner (see box). The tiny insect, which cannot fly very high or far, inhabits the vast, red acacia forests, where it bites its victims in order to get protein-rich blood to develop its eggs. When female sand flies bit people driven by war or famine into the forests from areas where kala-azar was already endemic, the flies picked up the disease themselves, ready to be passed...
...spanner in the works. WorldCom, the U.S. telecommunications upstart that bought CompuServe a couple of weeks ago and snapped up Brooks Fiber, a local telephone company Tuesday, decided Wednesday to have MCI for dessert. Money Daily reports that WorldCom will offer $30 billion in stock for the long-distance carrier, trumping BT's offer by about $12 billion. But it seems everyone was a winner as BT, MCI and WorldCom stock all soared on the London markets...