Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Verizon Communications Files Form 8-K

6th Feb 2015 07:00

RNS Number : 2167E
Verizon Communications
05 February 2015
 



Verizon Communications Inc.

 

 

 

Notice of Form 8-K furnished with the U.S. Securities and Exchange Commission (SEC)

 

On February 5, 2015, Verizon Communications Inc. (Verizon) furnished a Report on Form 8-K with the SEC disclosing the following transactions entered into by Verizon on February 5, 2015:

 

- Verizon and Frontier Communications Corporation (Frontier) entered into a Securities Purchase Agreement, pursuant to which Frontier will acquire Verizon's local exchange and related business assets in California, Florida and Texas for approximately $10.54 billion, subject to certain adjustments.

 

- Verizon and American Tower Corporation (American Tower) entered into a Master Agreement, pursuant to which American Tower will have the exclusive right to lease, acquire or otherwise operate and manage a significant majority of Verizon-owned wireless towers.

 

- Verizon entered in an accelerated stock repurchase agreement to repurchase $5.0 billion of its common stock.

 

 

The report may be viewed on the SEC website at www.sec.gov and on the Verizon website at www.verizon.com/about/investors/.

 

A copy of the above document has been submitted to the National Storage Mechanism and will shortly be available for inspection at http://www.Hemscott.com/nsm.do.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCKMGGZMKGGKZZ

Related Shares:

VZC.L
FTSE 100 Latest
Value8,837.91
Change26.87