M&A Deal Summary

MCI inc. Acquires Brooks Fiber Properties

On October 1, 1997, MCI inc. acquired communications company Brooks Fiber Properties for 2.4B USD

Acquisition Highlights
  • This is MCI inc.’s 2nd transaction in the Communications sector.
  • This is MCI inc.’s 4th largest (disclosed) transaction.
  • This is MCI inc.’s 4th transaction in the United States.
  • This is MCI inc.’s 1st transaction in Missouri.

M&A Deal Summary
Date 1997-10-01
Target Brooks Fiber Properties
Sector Communications
Buyer(s) MCI inc.
Deal Type Add-on Acquisition
Deal Value 2.4B USD

Target

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.

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Buyer(S) 1

Buyer

MCI inc.

Ashburn, Virginia, United States
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 4 of 7
Sector (Communications) 2 of 4
Type (Add-on Acquisition) 1 of 3
State (Missouri) 1 of 1
Country (United States) 4 of 7
Year (1997) 2 of 3
Size (of disclosed) 4 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1997-09-08 CompuServe

Columbus, Ohio, United States

CompuServe is a provider of internet connectivity for individuals and businesses. It was formed in 1969 and is based in Columbus, Ohio.

Buy $1.2B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1997-11-10 MCI Communications

Washington, District of Columbia, United States

MCI Communications Corp. was an American telecommunications company formed in 1963.

Buy $37.0B
Mergr

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