NEW YORK (Reuters) - Verizon Communications Inc has been sued by a shareholder seeking to void its $130 billion buyout of Vodafone Group Plc's stake in the companies' wireless joint venture on the grounds the price is too high.
In a lawsuit filed in a New York state court on Thursday, just three days after the transaction was announced, Natalie Gordon said Verizon shareholders are being "shortchanged" by the purchase of Vodafone's 45 percent stake in Verizon Wireless, the largest U.S. mobile phone operator.
Gordon is represented by law firm Faruqi & Faruqi, and has within the last five years been a shareholder plaintiff in several other lawsuits filed by that firm, court records show.
California central offices are being cleaned up,new paint,cracked and damaged floor tile repaired,
replaced and polished.Electrical and power equipment inspected and repaired,just like when you sell your home and the buy request a to do list before signing on the dotted line.
Ran the numbers on the deal? WOW! Did you figure in the huge debt and dilution of VZ? VZ will be under pressure for a few years. Long term may be well but short term VZ is a short..
Another person or jewish POS runs Verizon where do they get these wackos from, why is the board all jewish or are they stupid as a rock, alittle of both , DO NOT BUY VZ, GET RID OF BOARD, AND SEND CEO PACKING WHAT A GREAT IDEA!
You are one skrewed-up piece of work --- skinhead not doubt.
You sound like an employee buying 2.376 shares every month in your 401k. Good for you Guru but VZ will still decline in price despite your massive buying program.
Yep, vz was up again today. Record High. Will double on Monday and double again on Tuesday Keep laughing turd brain and watch it all just fade away. You 401k will be worthless and you will be mopping floors at Burger King when they RIF you next week and 10,000 of your peers to pay for this stupidity. Unfortunately the employees will suffer and thats no laughing matter. Dilution and Debt, are terms you clearly don't understand.
Yes that must be it. Those dastardly day traders driving the price down. Has nothing to do with Dilution and Debt. Freakin Moron.