vodafone

Verizon buys out Vodafone's 45 percent interest in the company for $130 billion

Verizon buys out Vodafone's 45 percent interest in the company for $130 billion

Jerry Hildenbrand 47

UK company Vodafone has owned a big chunk (45 percent) of Verizon Wireless since 1999, but that is about to change Verizon has confirmed the rumor that they will be buying all of Vodafone's stake in the wireless division of their company in a $130 billion cash and stock deal that should close by Q1 2014. The deal was unanimously approved by the board of both companies, but still has to...