AT&T and VZ teaming up to buy Vodaphone?

mike123abc

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http://www.dslreports.com/shownews/Verizon-ATT-May-Buy-Vodafone-Together-123706

http://www.foxbusiness.com/markets/2013/04/02/vodafone-shares-rise-48-on-breakup-bid-rumors/

In what would easily be the largest M&A deal on record, telecom giants Verizon Communications (VZ) and AT&T (T) are reportedly putting together a breakup bid for Vodafone (VOD) that would value the British mobile operator at around $245 billion.
According to the Financial Times’ Alphaville blog, Verizon would acquire Vodafone’s 45% stake in their Verizon Wireless joint venture, while AT&T would acquire the company’s non-U.S. assets.
Verizon and AT&T have hired Barclays (BCS) to cobble together the gigantic transaction, which could be worth around 260 pence a share, or about a 40% premium to its current share price, Alphaville reported.


Read more: http://www.foxbusiness.com/markets/...-rise-48-on-breakup-bid-rumors/#ixzz2PJodHMAL

Interesting theory if they buy up the international company, VZ ends up owning the other half of VZ wireless and AT&T ends up having a large international presence.
 

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