-
How Verizon's Recent Purchases Prove It Is Subtly Taking Over The World
Tuesday, August 2, 2016 - 10:01am | 525Verizon Communications Inc. (NYSE: VZ) doesn't want to be your preferred carrier alone. Rather, it wants its technology to be a part of every mobile gadget and automobile. The telecom giant's latest moves vindicate the above argument. Before investors digest its $4.8 billion deal to buy the core...
-
William Blair Doesn't See A Higher Competing Bid Interrupting Verizon-FleetMatics Deal
Monday, August 1, 2016 - 2:18pm | 335On Monday morning, Verizon Communications Inc. (NYSE: VZ) agreed to purchase FleetMatics Group PLC (NYSE: FLTX) at $2.4 billion, or $60.00 a share, in cash following Verizon's Yahoo! Inc. (NASDAQ: YHOO) take-out last Monday for $4.83 billion. The FleetMatics deal is expected to close in the fourth...