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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): October 31, 1997
WORLDCOM, INC.
(Exact Name of Registrant as Specified in its Charter)
Georgia 0-11258 58-1521612
(State or Other (Commission File (IRS Employer
Jurisdiction of Number) Identification Number)
Incorporation)
515 East Amite Street
Jackson, Mississippi 39201-2702
(Address of Principal Executive Office)
Registrant's telephone number, including area code: (601) 360-8600
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ITEM 5. OTHER EVENTS.
On October 31, 1997, WorldCom, Inc. issued a press release, a copy of
which is attached hereto as Exhibit 99.1 and is incorporated herein by
reference.
ITEM 7 (c) EXHIBITS.
The following exhibits are filed herewith in accordance with Item
601 of Regulation S-K:
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Exhibit No. Description
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<S> <C><C>
99.1 Press release dated October 31, 1997.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
WORLDCOM, INC.
By: /s/ Scott D. Sullivan
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Scott D. Sullivan
Chief Financial Officer
November 3, 1997
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EXHIBIT INDEX
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<CAPTION>
Exhibit No. Description of Exhibit
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<S> <C>
99.1 Press release dated October 31, 1997.
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[LDDS WORLDCOM LETTERHEAD]
FOR MEDIA: FOR INVESTORS:
Steve Ingish, (601) 360-8750 Gary Brandt, (601) 360-8544
Mark Weeks, 011-44-171-570-5759
Joele Frank, Abernathy/MacGregor, (212) 371-5999
Lucas van Praag, Brunswick Group, 011-44-171-404-5959
FOR IMMEDIATE RELEASE
DOJ ASKS WORLDCOM FOR ADDITIONAL INFORMATION
CONCERNING OFFER FOR MCI
Jackson, Miss., October 31, 1997 - WorldCom, Inc. (NASDAQ: WCOM)
announced today that it has received a request for additional information from
the Department of Justice (DOJ) with respect to its filings under the
Hart-Scott-Rodino Antitrust Improvements Act of 1976 in connection with its
offer to acquire all of the outstanding shares of MCI Communications
Corporation (NASDAQ: MCIC). Accordingly, the Hart-Scott-Rodino waiting period,
which was originally scheduled to expire at 11:59 P.M., New York City time, on
October 31, 1997, will be extended and will now expire 20 days after
substantial compliance with the request for additional information or upon its
earlier termination by action of the DOJ.
WorldCom made the following statement:
"The second request was fully expected, and WorldCom will work as
expeditiously as possible to comply with the DOJ's request. WorldCom
is confident that it will be able to close the transaction no later
than the first quarter of 1998. A WorldCom-MCI combination will
accelerate competition -- especially in local markets -- by creating a
company with the capital, marketing abilities and state-of-the-art
network to compete more effectively against the incumbent network
carriers, domestically and abroad. Creating a stronger competitor in
the local market helps fulfill the intent of the Telecommunications
Act of 1996."
WorldCom is a global telecommunications company. Operating in more
than 50 countries, the company is a premier provider of facilities-based and
fully integrated local, long distance, international and Internet services.
WorldCom's subsidiary, UUNET Technologies, Inc., is an international provider
of Internet services with over 1,000 Points of Presence (POPs) throughout the
United States and in Canada, Europe and the Asia-Pacific region. WorldCom's
World Wide Web address is http://www.wcom.com. The common and depositary
shares of WorldCom trade on the NASDAQ National Market (US) under the symbols
WCOM and WCOMP, respectively.
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