Verizon's (VZ) talks to buy Vodafone's (VOD) stake in the Verizon Wireless U.S. joint venture could result in a deal within a week, according to The Wall Street Journal, citing people familiar with the matter. Verizon could pay as much as $130B for the stake, the report added. News of the renewed talks broke last night and shares of both Verizon and Vodafone are higher in pre-market trade.
- Mergers, Acquisitions & Takeovers
- Verizon Wireless