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WCOM: WorldCom to Appeal EC Decision on Sprint Deal

WorldCom (WCOM) said it will appeal the European Commission's decision to block its $115 billion acquisition of Sprintundefined. The commission said it's confident it would win the appeal.

The Wall Street Journal

reported that an unnamed executive from WorldCom said the appeal would not revive the deal, but could make closing mergers easier for WorldCom in the future.

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