Verizon eyes Wireless buyout?

Investor's Business Daily

Verizon Communications (VZ) has hired advisers to help prep a possible bid to take full control of Verizon Wireless from Vodafone (VOD), sources told Reuters. But no offer — $100 bil or more — has been made, and it's not at all clear if Vodafone is willing to sell its 45% stake. Verizon, which has made no secret that it would like to fully own its mobile arm, rose 2.7%. U.K.-based Vodafone rose 2.8%.

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