Verizon Communications Inc. said on Monday it would buy long-distance telephone company MCI Communications Inc. in a deal worth $6.75 billion, giving Verizon a foothold in the market for serving large corporations.

Question with options: Based on the paragraph above can we conclude that "Verizon Communications Inc.'s $6.7 billion takeover of long-distance provider MCI Inc. transformed the telephone industry."?

Available choices: 1). yes 2). no
2).