WCOM: WorldCom to Appeal EC Decision on Sprint Deal - TheStreet

WCOM: WorldCom to Appeal EC Decision on Sprint Deal

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WorldCom (WCOM) said it will appeal the European Commission's decision to block its $115 billion acquisition of Sprint (FON) . 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.