MCI Inc said on Tuesday it accepted a revised take-over bid from Verizon Communications Inc worth about $7.6 billion, rejecting a $8.45 billion offer from Qwest Communications International Inc MCI said Verizon's revised offer includes $8.75 per MCI share in cash and $14.75 per MCI share in Verizon stock. Of the $8.75, up to $5.60 would be paid to MCI shareholders when the deal closes. The two companies also increased the termination fee Verizon would be owed if the deal falls through to $240 million.