Examples of WorldCom Group in a sentence
In addition, subject to the provisions of the Rights Agreement, each Right evidenced by this Certificate may be exchanged by the Company at its option for one share of WorldCom Group Stock following the Stock Acquisition Date and prior to the time an Acquiring Person, as that term is defined in the Rights Agreement, owns 50% or more of the Voting Power, as that term is defined in the Rights Agreement, of the Company.
He also worked as a Senior Metallurgist at Barrick Gold (Pueblo Viejo) Dominican Republic as part of the commissioning, start-up and ramp up team.
For every one share of WorldCom Group common stock paid into the settlement fund, 1/25th of a share of MCI Group common stock was also paid into such fund.
All amounts charged by the WorldCom Group relating to Willxxxx Group's use of a second fiber as described in Mr. Xxxxxxx'x xxxter to Mr. Xxxxxx xxxed March 31, 1998.
As market conditions throughout the telecommunications industry deteriorated in 2000 and 2001, WorldCom (and later WorldCom Group) nevertheless continued to post impressive revenue growth numbers, and Ebbers and Sullivan continued to assure Wall Street that WorldCom could sustain that level of growth.
As of June 30, 2002, there were approximately 2,962,860,513 shares of WorldCom Group common stock issued and outstanding held by approximately 62,772 holders of record and approximately 118,324,994 shares of MCI Group common stock issued and outstanding held by approximately 52,036 holders of record.
In lieu of such fractional shares of Common Stock, the Company shall pay to the registered holders of the Right Certificates with regard to which such fractional shares of Common Stock would otherwise be issuable an amount in cash equal to the same fraction of the current market value of a whole share of WorldCom Group Stock or MCI Group Stock, as the case may be.
The value of the WorldCom Group common stock and the MCI Group common stock was based upon the average trading price of 10 trading days randomly selected from a 20-day trading period from May 31, 2001 through June 27, 2001.
Based on a randomly selected average trading price of $16.672 per share, WorldCom deposited 9,896,833 shares of WorldCom Group common stock and 395,873 shares of MCI Group common stock into the settlement fund on July 2, 2001.
Third, there is evidence raising concerns about the manner in which costs were allocated when WorldCom realigned its businesses and formed two tracking stocks, WorldCom Group and MCI Group.