Verizon

stifle speculation after reports preparing ? 161bn joint acquisition with AT & T announced Vodafone to save up

Verizon Communications, the U.S. telecommunications company, has moved to quell speculation that it is preparing a joint acquisition of Vodafone, telling investors he did not intend to bid.

reports that Verizon and AT & T fellow American is preparing a joint bid ? 161bn sent Vodafone shares to a decade high Tuesday, forcing Verizon to clarify their intentions.

"We believe that the text of the press release from Verizon, Verizon also states that have made their interest in participating Verizon Wireless and Vodafone rejected," said Robin Bienenstock, analyst at Bernstein Research. "In other words, we see Vodafone as a reluctant seller (very)."

an obstacle means the tax treatment Vodafone would have to pay if you sell all or part of their holdings. The current ownership structure has enabled Vodafone to pay two tax-free dividend income Verizon.


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