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North American Network Operators Group Date Prev | Date Next | Date Index | Thread Index | Author Index | Historical Leucadia Selloff
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 [email protected] or [email protected]
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