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RT @TechCrunch: Verizon Reportedly Preparing $100B Bid For Vodafone's Verizon Wireless Stake http://t.co/9kPj8EQzeL by @catherineshu
April 25, 2013
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Verizon Reportedly Preparing $100B Bid For Vodafone's Verizon Wireless Stake
Verizon Communications is preparing a $100 billion cash and stock bid to take full control of Verizon Wireless from Vodafone Group, reports Reuters. Verizon's board is expected to discuss the potential buyout next week ahead of its annual shareholder meeting. Verizon Communications and UK-based Vodafone formed Verizon Wireless as a joint venture in 1999.