Word: cnnfn
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...board members are mulling a pair of monster cash-and-stock takeover offers from fellow telecom giants MCI-WorldCom ($65 a share) and BellSouth (an eleventh-hour $72 a share, both according to the Wall Street Journal). But though both offers could be the better part of $100 billion, CNNfn reports that Sprint will choose MCI?s poorer dowry in a vote as early as Monday. What gives? The reason may be that a lack of post-handshake regulatory headaches may be priceless. "The FCC is a lot less likely to hold up a merger between long-distance companies...
...time.com for more on funds. Dan is a guest on CNNfn Tuesdays at 12:45 p.m. E.T. and BNN radio Mondays...
Cable Programming HBO, TNT, TBS, CNN, CNNfn, CNNSI, Cinemax...
...time.com/personal for more on savings bonds. E-mail Dan at kadlec@time.com See him on CNNfn, Tues...
...time.com/personal for more on home buying. Dan is a regular on CNNfn TV and BNN radio when he's not at his neighbors...