M&A Deal Summary

MCI inc. Acquires MCI Communications

On November 10, 1997, MCI inc. acquired communications company MCI Communications for 37.0B USD

Acquisition Highlights
  • This is MCI inc.’s 3rd transaction in the Communications sector.
  • This is MCI inc.’s largest (disclosed) transaction.
  • This is MCI inc.’s 5th transaction in the United States.
  • This is MCI inc.’s 1st transaction in District of Columbia.

M&A Deal Summary
Date 1997-11-10
Target MCI Communications
Sector Communications
Buyer(s) MCI inc.
Deal Type Merger
Deal Value 37.0B USD

Target

MCI Communications

Washington, District of Columbia, United States
MCI Communications Corp. was an American telecommunications company formed in 1963.

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Buyer(S) 1

Buyer

MCI inc.

Ashburn, Virginia, United States

website

Category Company
Sector Communications
DESCRIPTION

MCI Inc. is a provider of communications connectivity to businesses, governments and consumers. The Company was formerly known as MCI WorldCom.

DEAL STATS #
Overall 5 of 7
Sector (Communications) 3 of 4
Type (Merger) 2 of 2
State (District of Columbia) 1 of 1
Country (United States) 5 of 7
Year (1997) 3 of 3
Size (of disclosed) 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1997-10-01 Brooks Fiber Properties

St. Louis, Missouri, United States

Brooks Fiber Properties, Inc. is a provider of competitive local telecommunications services, with an emphasis on secondary markets, by aggressively pursuing switched services opportunities, further building out existing systems and expanding service offerings.

Buy $2.4B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-09-05 Intermedia Communications

Tampa, Florida, United States

Intermedia Communications Inc. is a provider of integrated communications services including voice and internet.

Buy $3.0B
Mergr

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