Daily News: Reuters Technology News Headlines - Verizon, Vodafone boards set to vote on $130 billion wireless deal

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Saturday, Aug 31, 2013 07:17 PM PDT
Today's Reuters Technology News Headlines - Yahoo! News: Verizon, Vodafone boards set to vote on $130 billion wireless deal Verizon nears $130 billion wireless deal, to finance about $65 billion: sources

Verizon, Vodafone boards set to vote on $130 billion wireless deal  Saturday, Aug 31, 2013 07:17 PM PDT By Soyoung Kim and Michelle Sierra NEW YORK (Reuters) - The boards of Verizon Communications and Vodafone Group Plc are expected to vote this weekend on a $130 billion deal, funded by about $65 billion of debt, to give the U.S. telecom giant complete ownership of Verizon Wireless, people familiar with the matter said on Saturday. A deal, which the sources said could be announced as soon as Monday, would cap Verizon's decade-long effort to win full control of the No. 1 U.S. wireless provider. ... Full Story	Top
Verizon nears $130 billion wireless deal, to finance about $65 billion: sources  Saturday, Aug 31, 2013 04:38 PM PDT By Soyoung Kim and Michelle Sierra (Reuters) - Verizon Communications is near a $130 billion deal to buy out the 45 percent stake in Verizon Wireless it does not already own from Vodafone Group Plc and plans to raise about $65 billion to fund the purchase, people familiar with the matter said on Saturday. Boards of Verizon and Vodafone are each expected to meet this weekend to approve the proposed transaction, which could be announced on Monday, the people said. ... Full Story	Top

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