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Re: Poptech post# 235470

Friday, 09/23/2011 11:38:29 PM

Friday, September 23, 2011 11:38:29 PM

Post# of 326350
ss replied to you on 9/22 (post here http://investorshub.advfn.com/boards/read_msg.aspx?message_id=67318903 )
with the COMPLETE article from Forbes about that topic you bring up about the sign(along with the link BTW!), with the full story.

(Maybe you didn't read the whole post? Suggest you do, really detailed DD with links.)

Again, thank you ss, for the full and complete info, ad well as further explanation on the acquisition and timeline, it couldn't be more clear, thanks.

No Ordinary Joe
Carleen Hawn, 08.07.00 (August 7, 2000)

One afternoon a few weeks ago Joseph P. Nacchio, the 51-year-old chief executive of Qwest Communications International, was ready to gloat. The boards of Qwest and U S West had just ratified Qwest's $58 billion acquisition of the Baby Bell, culminating in a bitter, hostile takeover.

In the months before U S West surrendered, Nacchio had raked over the Bell as a bureaucratic mess and had sniped at its top executives.

Now that he had won, it was time for Joe Nacchio to make nice with the 61,000 people at U S West. Instead, his first act was to do a little needling. Some weeks earlier he had issued a challenge to U S West Wireless' chief Peter Mannetti, one of the few survivors among the Bell's brass: If Mannetti wanted to keep his job, he had 30 minutes after the takeover closed to fix the giant sign--"U S West Wireless"--on the office building down the street from Qwest's in Denver, Colorado. So in his first moments as head of the combined company Nacchio strode over to his desk, picked up the phone and dialed Mannetti. "Peter, the clock is ticking," he boomed.

Twelve minutes later Mannetti rang back and beckoned Nacchio to the window: A big, blue vinyl "Q" flapped in the breeze 15 stories above Lincoln Street, just large enough to conceal the "U S" in U S West. Now the sign reads: "QWest Wireless." Nacchio cackled approvingly. "When you say you're going to do something, you do it. Image is important, and by that I mean self-image," he explained later.