BUSINESS NOTES : WORLDCOM-MCI DEAL GETTING SECOND LOOK.WASHINGTON - Federal regulators are taking a hard look at whether WorldCom's proposed takeover of MCI Communications This article is about MCI before it merged with WorldCom. For other uses, see MCI. MCI Communications was an American telecommunications company that was instrumental in legal and regulatory changes that led to the breakup of the AT&T monopoly of American telephony and would dampen competition and drive up Internet and long-distance prices. The $37 billion merger - the biggest in U.S. history - is now being reviewed by the Justice Department, which is collecting detailed information from the companies and their rivals. A combined MCI-WorldCom would control at least 50 percent of Internet traffic Internet traffic is the flow of data around the Internet. It includes web traffic, which is the amount of that data that is related to the World Wide Web, along with the traffic from other major uses of the Internet, such as electronic mail and peer-to-peer networks. in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and 25 percent of the nation's long-distance business. - Associated Press Associated Press: see news agency. Associated Press (AP) Cooperative news agency, the oldest and largest in the U.S. and long the largest in the world. Disney cans Coke at Angels' ballpark NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of - Walt Disney Co. serves only Coca-Cola soft drinks at its theme parks, but it's switching to Pepsi Cola at its ballpark in California. Anaheim Sports Inc., the Disney division that owns the Anaheim Angels, said Tuesday that it has signed a 10-year pact that makes Pepsico the sole soft-drink supplier at the Major League Baseball "MLB" and "Major Leagues" redirect here. For other uses, see MLB (disambiguation) and Major Leagues (disambiguation). Major League Baseball (MLB) is the highest level of play in North American professional baseball. team's stadium. - Associated Press USA, Ticketmaster come to agreement USA Networks Inc. has agreed to buy Ticketmaster Group Inc. for about $400 million, or $29.70 a share, in stock, boosting its bid 17 percent after protests by Ticketmaster executives and investors that the first offer was too low. In October, Chairman Barry Diller offered about $340 million, or $25.30 per share, in an unsolicited bid for the half of Ticketmaster that USA Networks doesn't own. - Bloomberg News |
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