Worldcom has approached all the regional US telcos to help in its bid to acquire MCI, just as the US Justice Department has requested for additional information on the proposed acquisition.
Worldcom chairman Bernard Ebbers is reported to have made tentative approaches to senior executives at each US Baby Bell to raise funds to help increase the offer to MCI. A Worldcom spokesperson declined to comment.
Last week the Department of Justice made a second request to Worldcom for more information as it investigates the proposed deal.
Also last week as BT's chief executive Peter Bonfield revealed the company's results he stressed BT's legal rights as a shareholder in both MCI and Concert.
However, in a company statement, BT said, "it is difficult to predict whether the proposed merger will proceed as planned."
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