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WORLDCOM CEO AT NEW YORK NEWS CONFERENCE, 1997-10-01 (photo)

WORLDCOM CEO AT NEW YORK NEWS CONFERENCE, 1997-10-01 (photo)
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IMAGE number
REU8004975
Image title
WORLDCOM CEO AT NEW YORK NEWS CONFERENCE, 1997-10-01 (photo)
Auto-translated text View Original Source
Artist
Unknown
Medium
photograph
Date
1997 AD (C20th AD)
Shooting Date
1997-10-01
Image description

Bernard Ebbers, CEO of WorldCom Inc., makes a point during a news conference in New York City on October 1. Ebbers announced that WorldCom has made a $41.50 a share bid for MCI Communications. The bid is a stunning blow to British Telecommunications Plc's global expansion as the bid, which is an increase on BT's offer, looks set to unravel the troubeld merger pact between BT and MCI as MCI shareholders see the greater value in WorldCom's bid. WORLDCOM

Photo credit
REUTERS/Jeff Christensen / Bridgeman Images
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