Verizon Communications will purchase 43.4 million shares of MCI from Carlos Slim Helu, the largest individual stakeholder in MCI, for $25.72 per share in cash. The shares represent approximately 13.7% stake in MCI.Verizon Chairman and CEO Ivan Seidenberg said, "While this was an opportunity for us to purchase a block of shares under unique circumstances and is an important step forward in our acquisition of MCI, we will continue to assess the situation as we move toward a vote by the MCI shareholders."In response, Qwest issued a statement saying...
