This deal will have no short term affect on the stock price. Verizon has been wanting to dump the landline business for as long as I can remember. They cannot support two networks especially with the stranglehold the Northeast Unions have on them. Look to see ALL copper business to be sold off in the next 7 years. Verizon to become unregulaged and profits to soar.
What's to talk about? Check the price action. The market doesn't seem to be impressed right now. The stock just keeps getting pushed down. Eventually, the selling pressure will subside, buyers will come in, shorts will cover, and the price will go up.
You are correct, this deal doesn't need to have much said at all. More than likely, VZ price will be at the whims of the arbs until the deal goes through ... somebody will have lots to gain by VZ price hanging low until after the deal and those concerns have lotsa USD's, hence quite a bit of influence over a stock's activity. Let me throw one more item out there .. there could also be signifigant shorting going on, which can dampen a stock's price ..... later ...garce
Talk about the real affect of the deal vs the BS about stk price, shorts, and OB. Most of the flabber on these MBs are jerks trying their best to convince someone else to do something opposite of what they really want. I'm an investor I want to know the affect, not effect.