Stonham, Paul - In: European Management Journal 16 (1998) 5, pp. 562-572
Part Two of this Case Study focuses on the several quite complex and competitive bids for MCI Communications made by BT, WorldCom and GTE. Interest centres on the nature of the bids e.g. BT's first bid in 1994 which was nearly all-share but contained 'poison pills', and WorldCom's first bid in...