Vodafone Might Collect As Much As $130 Billion From Verizon Wireless
The rumors are always ripe in the Verizon Wireless saga between 55% owner Verizon (VZ) and 45% owner Vodafone (VOD). The news has gone from a Verizon buyout of Vodafone's share to buying all of Vodafone and now back to buying out Vodafone's share.
The latest news leak is that Verizon has hired advisors for a bid of $100B for the Verizon Wireless stake. Could Vodafone with a $150B market cap really receive a $100B payout on its 45% stake? Actually the data suggests the value will be 20-30% higher.
Read the full article at Seeking Alpha.
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