Daily News: Reuters Technology News Headlines - Verizon, Vodafone to announce $130 billion U.S. deal

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Sunday, Sep 01, 2013 06:24 PM PDT
Today's Reuters Technology News Headlines - Yahoo! News: Verizon, Vodafone to announce $130 billion U.S. deal Verizon, Vodafone to announce $130 billion U.S. deal on Monday U.S. exit to leave Vodafone with M&A war chest

Verizon, Vodafone to announce $130 billion U.S. deal  Sunday, Sep 01, 2013 06:24 PM PDT By Soyoung Kim and Kate Holton NEW YORK/LONDON (Reuters) - Verizon Communications and Vodafone plan to announce a $130 billion deal on Monday that will give the U.S. telecom giant complete control of Verizon Wireless, subject to final board approval, people familiar with the matter said. Vodafone said in a statement late on Sunday it was in advanced talks with Verizon to sell its 45 percent stake in the joint venture for $130 billion, comprising cash and common shares, but that there was no certainty an agreement would be reached. ... Full Story	Top
Verizon, Vodafone to announce $130 billion U.S. deal on Monday  Sunday, Sep 01, 2013 02:23 PM PDT By Soyoung Kim and Kate Holton NEW YORK/LONDON (Reuters) - Verizon Communications and Vodafone plan to announce a $130 billion deal on Monday that will give the U.S. telecom giant complete control of Verizon Wireless, subject to final board approval, people familiar with the matter said. Vodafone said in a statement late on Sunday it was in advanced talks with Verizon to sell its 45 percent stake in the joint venture for $130 billion, comprising cash and common shares, but that there was no certainty an agreement would be reached. ... Full Story	Top
U.S. exit to leave Vodafone with M&A war chest  Sunday, Sep 01, 2013 12:01 PM PDT By Paul Sandle and Leila Abboud LONDON/PARIS (Reuters) - Vodafone's exit from the United States in a $130 billion deal expected to be sealed on Monday will give it a war chest to make acquisitions even after it rewards its shareholders. The board of Verizon Communication will meet on Monday morning New York time to vote on buying out Vodafone from its joint venture, meaning a full announcement could come after the London market close, sources said. ... Full Story	Top

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