] MCI Inc. accepted a sweetened $7.64 billion takeover
] proposal from Verizon Communications Inc. on Tuesday that
] raises the price tag by $1 billion, but is still nearly a
] billion dollars shy of the latest bid for the
] long-distance phone company from Qwest Communications
] International Inc.

This is probably going to get messier now. There's some mumbling of a hostile attempt from Quest.

Yahoo! News - MCI Accepts Sweetened $7.64B Verizon Offer