Carlos Slim Helu is slick.
The Mexican telecommunications magnate, who is the largest shareholder in MCI, has managed to sell his minority stake in the company to Verizon for a price that??s 11 percent above what Verizon plans to pay the rest of the company??s shareholders.
And while everyone else will take their money mostly in stock, Slim will walk away with cash. Verizon also threw in another little perk. In one year, it will give Slim an adjustment based on appreciation of its stock price. In the end the price tag could exceed $27 per share, well … Read more