The argument was that that the House bill did not change the terms of the acquisition agreement, and that J.

FORBES: Magazine Article

As a result, we would like to proceed in the process to acquire Dell and hereby submit, in accordance with the terms of the Merger Agreement, this Acquisition Proposal.

ENGADGET: Dell bidding war afoot as Blackstone Group and Carl Icahn both make offers (update: confirmed)

The company did not disclose its acquisition price for Widevine, or terms of the agreement.

FORBES: Google Buys Digital Video Company Widevine, Building Up Video On-Demand Service

The boards of both Verizon (nyse: VZ - news - people ) and MCI (nasdaq: MCIP - news - people ) reportedly approved the acquisition late Sunday night, and the two companies are expected to announce the terms of their agreement later this morning.

FORBES: Verizon To Acquire MCI For $6.8B