MCI Accepts Takeover Bid From Verizon

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The Verizon logo is seen at a Verizon Wireless store March 29, 2005... News PhotoCalifornia,Communication,Finance,San Francisco - California,Shop,Sign,USA,Verizon Wireless,Wireless TechnologyPhotographer Collection: Getty Images News 2005 Getty ImagesSAN FRANCISCO - MARCH 29: The Verizon logo is seen at a Verizon Wireless store March 29, 2005 in San Francisco. MCI Inc. accepted a $7.64 billion takeover proposal from Verizon Communications Inc. on Tuesday that raises the price tag by $1 billion, but is still nearly a billion dollars shy of the latest bid from Qwest Communications International Inc. (Photo by Justin Sullivan/Getty Images)