[Reuters] Verizon nears $130 billion wireless deal, to finance about $65 billion: sources

Posted by: UGN Security

[Reuters] Verizon nears $130 billion wireless deal, to finance about $65 billion: sources - 09/01/13 12:10 AM

(Reuters) - Verizon Communications is near a $130 billion deal to buy out the 45 percent stake in Verizon Wireless it does not already own from Vodafone Group Plc and plans to raise about $65 billion to fund the purchase, people familiar with the matter said on Saturday.