Newsflash: After walking away from the MCI board because they were repeatedly treated like an undocumented worker at the Republican National Convention, Qwest is being courted by several of MCI's largest bond and shareholders to "stay in the running" for the telco.
Apparently MCI's shareholders have finally learned to carry the one and realize that Qwest's offer of $30 is more than Verizon's offer of $26 a share (no seriously, it is more. I checked.).
Hawk's View: I'd love to say that Qwest should pull a Blockbuster and hang up on MCI but if they really want them, it now appears they have a shot. Although if Qwest CEO Richard Notebaart has a stick of backbone to him he will let the masses know that his best offer is on the table.
Stay tuned...
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