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Verizon to buy out Vodafone's stake in mobile unit for $130B

2013-09-03 03:31:35| InfoWorld: Top News

Verizon Communications has reached an agreement to buy Vodafone Group's 45 percent stake in its Verizon Wireless subsidiary for $130 billion. Under the deal, Verizon will take 100 percent ownership of the wireless unit, the largest mobile operator in the U.S.

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