Basically, longer term this is a good deal. There will be short-term pressure on both stocks as the deal goes through the regulatory process.
More Quotes from Andrew Levi:
Whether you talk to Southern Co. or any company in the industry who's deciding to stay in the generation business and market power nationally, they've all talked about doing deals with phone companies. I expect MCI to get involved, as well as Sprint and all the others. It makes sense.Andrew Levi
It will take some time for the merger to be completed.
Andrew Levi
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