Verizon Unlikely to Bid Now for Sprint
Verizon Unlikely to Bid Now for Sprint
Tuesday December 14, 3:25 pm ET
By Jessica Hall
PHILADELPHIA (Reuters) - Verizon Communications Inc. (NYSE:VZ - News) has no imminent plans to bid for Sprint Corp. (NYSE:FON - News), people familiar with the situation said on Tuesday, lifting a potential obstacle to Sprint's bid for Nextel Communications Inc. (NasdaqNM:NXTL - News).
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Separately, Britain's Vodafone Group Plc (London:VOD.L - News) denied it was in talks with Verizon, its wireless joint venture partner, about any offer for Sprint.
The two developments contradicted a report in Tuesday's Wall Street Journal, which said Verizon had gained the backing of Vodafone to make a bid for Sprint in a move that...
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fcc,ftc, doj will squash the deal regardless.
For myself, I hope that Sprint-Nextel happens and that Verizon-Alltel happens.
verizon sprint would never go through. like i mentioned vodaphone wont agree to sell their stake in vzw and the fcc/doj/ftc wont allow it to happen anyway.
Today, 11:37 AM source: Wall Street Journal / AP via Forbes
The Wall Street Journal is reporting that Vodafone has given Verizon Wireless the green-light to make a bid to buy Sprint. Vodafone owns 45% of Verizon Wireless. etc..
lol thats a big slap in the face of the "know-it-alls"...
cingular and at&t was never going to happen either..... learn to expect the unexpected!