May 21, 2003
Reuters: Verizon Sees No Need to Acquire AT&T
My spin: Maybe this was the point that Mr. Hewlett (or was it Mr. Packard) were making in their opposition to the HP / Compaq merger. - "It doesn't get us anywhere," Verizon Chief Financial Officer Doreen Toben told Reuters following a presentation at a Banc of America Securities conference in New York.
News Clip: NEW YORK (Reuters) - Verizon Communications Inc., the largest U.S. telephone company, on Wednesday said it saw no need to acquire AT&T Corp., dismissing media speculation that it might be intrigued by the long-distance telephone company's low stock price. (full story)
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