Vodafone Denies Reports of Sprint Takeover Talks
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Vodafone, the UK-based telecom company that co-owns Verizon Wireless, denies that it is involved in a bid to take over US telco Sprint.
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update Verizon Communications has no imminent plans to bid for Sprint, people familiar with the situation said Tuesday, toppling a potential obstacle to Sprint&#39;s $37.8 billion bid for Nextel Communications.
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Verizon Communications has gained the backing of partner Vodafone Group to bid for Sprint Corp in a move that could thwart Sprint&#39;s potential $35 billion bid for Nextel Communications, the Wall Street Journal reported on Tuesday.
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Vodafone Group PLC on Monday denied a newspaper report it is considering making a $160 billion bid for its U.S. partner in the wireless phone business, Verizon Communications Inc.
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Sprint declined to comment on rumored merger talks with Nextel Communications, first reported yesterday.
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The prepaid cellphone service provider said Sunday that its board had rejected an unsolicited takeover offer from MetroPCS.
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The London Stock Exchange has rejected a Â£1.35bn offer from German market Deutsche Boerse, but says fresh talks are possible.
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The Wall Street Journal is reporting that Vodafone has given Verizon Wireless the green-light to make a bid to buy Sprint. &quot;Verizon Communications Inc.
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Sprint and Nextel, two large US mobile companies, are discussing a possible $70bn merger, according to newspaper reports.
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Verizon Communications Inc.&#39;s wireless partner on Tuesday distanced itself from discussions of a potential bid for Sprint Corp.
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Nextel Communications and Sprint are negotiating a possible merger, according to a source familiar with the discussions. It was not clear how far the talks had progressed, and
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The misinformation and confusion over whether or not the US mobile phone company Verizon Wireless, part owned by Vodafone, is going to muscle in on the $35bn (Â£18bn) merger of rivals Sprint and Nextel continued yesterday with hedge funds playing both
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England-based Vodafone Group Plc yesterday denied a report that it was backing partner company Verizon in a bid to block the possible merger between Sprint and Nextel, which analysts expected to be announced today.
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Sticking to its knitting Vodafone this morning rejected calls for changes to its debt structure and holdings in Verizon Wireless from rebel investors.â¦
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The London Stock Exchange said Monday that it had rejected a fresh takeover proposal from German rival Deutsche Boerse but has agreed to further talks.
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US telecom giant ATT is not considering a bid for mobile phone operator Vodafone, but is likely to make smaller acquisitions to better meet the needs of multinational companies, the company&#39;s chief executive said in an interview published Tuesday.
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Vodafone Group shares fell on Tuesday as a Wall Street Journal report that its US partner Verizon was weighing a $40 billion-plus bid for Sprint revived fears it would be drawn into its second bid battle of the year.