[Reuters] Verizon, Vodafone boards set to vote on $130 billion wireless deal

Posted by: UGN Security

[Reuters] Verizon, Vodafone boards set to vote on $130 billion wireless deal - 08/31/13 10:17 PM

NEW YORK (Reuters) - The boards of Verizon Communications and Vodafone Group Plc are expected to vote this weekend on a $130 billion deal, funded by about $65 billion of debt, to give the U.S. telecom giant complete ownership of Verizon Wireless, people familiar with the matter said on Saturday.