Dana Cimilluca

Qwest won’t submit new MCI bid

Qwest decided against renewing a takeover bid for MCI, removing any threat to Verizon's $8.44 billion offer for the long-distance phone...

Merger Monday lifts spirits

Oracle's $5.85 billion agreement to buy Siebel Systems capped the busiest day for mergers in more than two months, and suggests companies...

Verizon threatens to drop MCI bid

Verizon yesterday threatened to abandon its $7.51 billion bid for MCI if MCI directors decide a competing offer from Qwest is better. Verizon, the largest...