Telecom Italia may unveil defense plans next week
Article Abstract:
Telecom Italia will probably reveal its strategy for defending the company against a hostile takeover bid from Olivetti. Olivetti has already made a $58 billion offer to acquire Telecom Italia. Company managing director Franco Bernabe will unveil his defense strategy at a company board meeting during the week of March 7-14, 1999. The board has given Mr.Bernabe a full mandate for defending Telecom Italia.
Comment:
Telecom Italia will probably reveal strategy for defending co against hostile takeover bid from Olivetti
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
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WorldCom CEO hints at plans for restructuring
Article Abstract:
Bernie Ebbers, the chief executive of WorldCom Inc., made hints about the company's planned restructuring. WorldCom is the second-largest long-distance telephone company in the US.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
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Verizon will sell rural access lines to curb costs
Article Abstract:
Verizon Communications Inc. will sell off up to 1.2 million access lines in rural areas. The sale is expected to raise approximately $4 billion (4.42 billion euros) for the firm.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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