Verizon Gets Sued By Shareholder Over Its $130 Billion Deal With Vodafone

A couple of weeks ago rumors were circulating that Verizon might finalize a deal with Vodafone to buy the latter's 45 percent stake. Last week Verizon finally announced that the deal had been reached to the tune of $130 billion. Under the deal, Verizon pays the British telecommunications giant $59 billion in cash and another $60 billion in its stock and other considerations. A lawsuit has now been filed in a New York state court by Natalie Gordon.

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