TELECOMMUNICATIONS

Bell Atlantic, Nynex to Change Merger Structure: The telecommunications companies said they are changing the legal structure of their planned $20.55-billion merger to sidestep extensive regulatory approval and combine the companies more quickly. Nynex Corp. would become a wholly owned subsidiary of Bell Atlantic Corp. under the plan. The move is specifically designed to skirt a little-known act of Congress dating to 1913, which says that a utility in the District of Columbia needs full congressional approval to change hands. The companies are worried that Congress’ schedule and public skepticism about big takeovers could delay the merger. Analysts praised the move. Bell Atlantic shares were unchanged at $61.25. Nynex stock fell 12.5 cents to $45.75.