CNN NewsStand - 1999-10-05
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Read a transcript preview of “CNN NewsStand - 1999-10-05” from malgent, uploaded on 2026-01-03.
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Language: English (original, YouTube automatic captions)
[0:05] in history. I'm happy to announce today
[0:08] that MCI WorldCom and Sprint have made a
[0:10] definitive agreement to merge our two
[0:13] companies.
[0:14] >> Merger after merger after merger.
[0:17] Tonight, the Pac-Man theory. Will there
[0:20] be any small companies left?
[0:23] He never hesitates to speak his mind.
[0:25] >> Judge me by the work that we're trying
[0:27] to do. not a feeding frenzy of media so
[0:31] that you can get ratings and make money.
[0:33] >> His approval rating dropping faster than
[0:36] a body slam.
[0:37] >> Well, if I went on public opinion, I
[0:39] wouldn't even be here as governor, would
[0:40] I?
[0:41] >> How tolerant can the people of Minnesota
[0:43] be of Jesse
[0:47] Ali, a boxing legend?
[0:52] Ali about to enter the ring for the
[0:54] first time. Do you worry about the
[0:57] punishment that you could take?
[0:59] >> Worry? No,
[1:00] >> I don't.
[1:01] >> A broken nose.
[1:03] >> Then I just have a broken nose. I think
[1:05] my nose is cute. It would look cute to
[1:06] the right. It would look cute to the
[1:08] left. It doesn't matter.
[1:09] >> Like father, like daughter. A CNN
[1:12] Newsstand exclusive.
[1:15] CNN News Stand with anchors Steven
[1:18] Frasier and Carol Lynn in Atlanta.
[1:26] Good evening. Welcome to Newsand. Thanks
[1:28] for joining us.
[1:28] >> Our top story, the urge to merge.
[1:32] >> It's the priciest corporate buyout ever.
[1:34] What does it mean for us? Today, MCI
[1:37] WorldCom Incorporated announced a $129
[1:40] billion deal to take over the Sprint
[1:42] Corporation. The new company will be
[1:44] called WorldCom and will have more than
[1:46] $50 billion in annual revenue and will
[1:48] serve 40 million customers in 200
[1:51] countries. What's remarkable about
[1:53] today's deal is that it's onl