M&A Deal Summary

MFS Communications Acquires Uunet Technologies

On May 1, 1996, MFS Communications acquired information technology company Uunet Technologies for 2.0B USD

Acquisition Highlights
  • This is MFS Communications’ 1st transaction in the Information Technology sector.
  • This is MFS Communications’ largest (disclosed) transaction.
  • This is MFS Communications’ 1st transaction in the United States.
  • This is MFS Communications’ 1st transaction in Virginia.

M&A Deal Summary
Date 1996-05-01
Target Uunet Technologies
Sector Information Technology
Buyer(s) MFS Communications
Deal Type Merger
Deal Value 2.0B USD

Target

Uunet Technologies

Fairfax, Virginia, United States
Uunet is a provider of Internet services for businesses.

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Buyer(S) 1

Buyer

MFS Communications

Omaha, Nebraska, United States
Category Company
Sector Communications
DESCRIPTION

MFS Communications Company is a provider of business class telecommunication products including long distance and Internet access through its own fiber rings in major central business districts.

DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Merger) 1 of 1
State (Virginia) 1 of 1
Country (United States) 1 of 1
Year (1996) 1 of 1
Size (of disclosed) 1 of 1
Mergr

Product

Company

Legal