Reuters: Verizon Sees No Need to Acquire AT&T

My spin: Maybe this was the point that Mr. Hewlett (or was it Mr. Packard) were making in their opposition to the HP / Compaq merger. – “It doesn’t get us anywhere,” Verizon Chief Financial Officer Doreen Toben told Reuters following a presentation at a Banc of America Securities conference in New York.
News Clip: NEW YORK (Reuters) – Verizon Communications Inc., the largest U.S. telephone company, on Wednesday said it saw no need to acquire AT&T Corp., dismissing media speculation that it might be intrigued by the long-distance telephone company’s low stock price. (full story)