Wall Street Doesn't Blink At Extra $30 Billion For Verizon Wireless

Wochit 0:27 mins

It's not often that Wall Street shrugs off what amounts to a 30 percent price hike for an asset inside of four months. But that is what happened to Verizon Communications Inc when news broke that it is in talks to buy out Vodafone's 45 percent stake in their U.S. wireless venture for up to $130 billion, up from the $100 billion price range that it was considering back in April.

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