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BUSINESS BRIEFS.(TO THE POINT)
TELECOM/TECH
Verizon may withdraw MCI offer
The telecom firm threatened to drop its $7.5 bil offer to buy MCI if MCI's board declares Qwest's rival $8.9 bil offer as superior. MCI directors last week backed Verizon's lower offer. The statement quelled speculation Verizon would raise its bid. Verizon rose 1.5% to 35.65, MCI fell 1% to 25.08, and Qwest rose 5% to 3.82.
Microsoft aiming at BlackBerry
Research In Motion faces looming competition from Microsoft, Rosetta Group said, projecting the software giant this year will upgrade its popular ...
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