Reuters – In a note to clients, analyst Philip Cusick said Verizon boss Lowell McAdam had said he did not believe a premium would be required to buy Vodafone‘s 45 percent stake in the highly successful Verizon Wireless business, because Verizon already had control through its 55 percent holding.
Lowell McAdam also indicated to the JP Morgan team that the two owners could face a “lean” year in terms of the dividend they receive from the Verizon Wireless asset, a move which could increase tensions between them. more> http://tinyurl.com/bwkzpd8
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