Verizon Communications' investment arm provided advertisement firm RUN with US$1.5 million in capital.
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Vodafone to return USD84 billion to investors after completed deal
After completion of the Vodafone-Verizon USD130 billion deal, Vodafone would return a hefty USD84 billion in cash and shares to its investors.
Vodafone,Verizon to end USD130 billion deal standoff via cash, stock, bank financing
According to two sources who were familiar with the decision, Verizon Communications and Vodafone Group would be announcing a finalization of the USD130 billion exit deal, which would be financed in cash, stock and bank financing.
Verizon and Vodafone's boards to study buyout proposal
The boards of Verizon and Vodafone would vote over the weekend on the proposed USD130 billion buyout.
Vodafone to exit Verizon, seen as AT&T prey
Vodafone Group had announced selling its 45% stake in Verizon Communications that would end a 14-year old venture.
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Verizon Communications, among other telecoms firms, may seek to participate in the Canadian wireless market.
Verizon Wireless announces a US$7 billion dividend by June,. The largest US mobile service provider, Verizon Wireless, announced Monday that it would be paying its parent firms Verizon Communications and Vodafone Group Plc dividends totalling US$7 billion in June of this year.
A small number of Verizon Communications shareholders are willing to pay up to 30% premium for Vodafone shares.
Verizon CEO said that it would not pay premium for buyout of Vodafone in its joint venture. According to Verizon Communications CEO Lowell McAdam it would like to buy out its joint venture partner Vodafone but will not do so at any cost.
The capital gains tax bill would be one of the issues in the buyout bid, should it happen, of Verizon for Vodafone in Verizon Wireless.
Vodafone shareholders, should the US$100 million bid be offered, wants to either merge with Verizon Communications.
Verizon Communications has hired banking and legal advisers in preparation for a possible US$100 billion bid for Vodafone Group shares in their joint venture.
