Exclusive: Verizon eyes roughly $100 billion bid for Verizon Wireless stake
By Soyoung Kim NEW YORK (Reuters) – Verizon Communications Inc has hired advisers to prepare a possible $100 billion cash and stock bid to take full control of Verizon Wireless from joint venture partner Vodafone Group Plc, two people familiar with the matter said on Wednesday. Verizon, which already owns 55 percent of Verizon Wireless, has not yet put forward a proposal to Vodafone but it has hired both banking and legal advisers for a possible bid, the sources said. . . .
View full post on Tech News Headlines – Yahoo! News
Leave a Reply