US Cellular Surges on Report of Deal Talks With T-Mobile, Verizon [Yahoo! Finance]
Verizon Communications Inc. (VZ)
Last verizon communications inc. earnings: 4/24 07:30 am
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Source: Yahoo! Finance
Verizon Communications Inc. are nearing separate deals to buy parts of the telecommunications company. Most Read from Bloomberg Microsoft's Xbox Is Planning More Cuts After Studio Closings Americans Are Racking Up ‘Phantom Debt' That Wall Street Can't Track ‘Seriously Underwater' Home Mortgages Tick Up Across the US Arm Slides as Tepid Outlook Fuels Concerns Over AI Slowdown T-Mobile would pay more than $2 billion for a portion of US Cellular, according to the report which cited people familiar with the matter. That deal could close as soon as this month, while the Verizon deal could take longer or not close at all, they said. The jump by US Cellular triggered at least one volatility-related trading halt and is the stock's biggest intraday gain in nearly a year. Telephone and Data Systems Inc. — which holds about 73% of US Cellular's publicly traded shares — soared as much as 25% and was also briefly halted for volatility. Most Read from Bloomberg Businessweek How Un
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VZ
Earnings
- 4/22/24 - Beat
VZ
Sec Filings
- 5/13/24 - Form 8-K
- 5/13/24 - Form 424B2
- 5/13/24 - Form 424B2
- VZ's page on the SEC website