[74576] in North American Network Operators' Group
Leucadia Selloff
daemon@ATHENA.MIT.EDU (Fergie (Paul Ferguson))
Tue Oct 5 15:15:10 2004
From: "Fergie (Paul Ferguson)" <fergdawg@netzero.net>
Date: Tue, 5 Oct 2004 19:13:15 GMT
To: nanog@merit.edu
Errors-To: owner-nanog-outgoing@merit.edu
Leucadia National sold all of its MCI stock. The conglomerate
filed an 8-K with the SEC stating that it sold its 5% stake in
the carrier. According to the document the sale brought in a
pre-tax profit of about $20 million for Leucadia. The investment
company says the sale "should not be interpreted to mean that
(Leucadia) is no longer interested in acquiring control of MCI,
but no assurance can be given that (it) will acquire control of
MCI." Leucadia in July filed for permission with the SEC to buy
50% of MCI's shares.
http://www.nwfusion.com/edge/news/2004/0928mci.html
- ferg
--
"Fergie", a.k.a. Paul Ferguson
Engineering Architecture for the Internet
fergdawg@netzero.net or
fergdawg@sbcglobal.net
