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Consideration
(In millions except for per share data) | Per Share | Aggregate | ||||||
---|---|---|---|---|---|---|---|---|
Effective Value to MCI Shareholders | $ | 24.60 | $ | 7,997 | ||||
Less: Quarterly Dividends | $ | (1.60 | ) | $ | (520 | ) | ||
Cash Merger Consideration | $ | (7.50 | ) | $ | (2,438 | ) | ||
Qwest Stock to Be Issued | $ | 15.50 | $ | 5,039 | ||||
Qwest Stock Price @2/11/05 | $ | 4.15 | ||||||
Exchange Ratio | 3.735 | |||||||
Qwest Shares to be Issued | 1,214 | |||||||
% of Pro Forma Outstanding Qwest Shares | 40 | % |