COMPANY REPORTS;Investors Worry About Bell Atlantic-Nynex Deal
One day after Bell Atlantic and Nynex announced their corporate connection, the deal began getting static yesterday on Wall Street. The shares of both regional Bell companies slipped on the New York Stock Exchange, as investors registered their unhappiness with aspects of the merger agreement. The shares of the Bell Atlantic Corporation fell $1, to $66.25, while those of the Nynex Corporation declined $1.125, to $49.375.