[2756] in North American Network Operators' Group
MFS buys UUNET.
daemon@ATHENA.MIT.EDU (Rob Gutierrez)
Tue Apr 30 17:09:29 1996
From: rmg@Internex.NET (Rob Gutierrez)
To: nanog@merit.edu
Date: Tue, 30 Apr 1996 09:56:38 -0700 (PDT)
As somebody mentioned today, an AP wire story came across this morning
that MFS is _buying_ UUNET for $2 billion. Shareholders are looking at
getting 1.78 shares of MFS for each of their shares. Apparently, they
got 62% of the voting shareholders to agree (ie: who owns a couple
of large chunks of UUNET?).
Remember that Microsoft already has their claws into UUNET for 13% :)
The wire story was short on content. Noone of the on-line newspapers
have the story up yet. Needless to say, UUNET's gonna be inundated
with questions at I-World today.
Speaking of which, I gotta go there right now ... :)
rob gutierrez / internex information services