The boards of both Verizon Communications and Vodafone Group are expected to meet on Sunday to vote on a deal for Verizon to buy back the 45% stake in Verizon Wireless owned by Vodafone; if both boards agree to the transaction, it is expected to be announced on Monday. Verizon is expected to pay $130 billion for the rest of Verizon Wireless that it doesn't own, and is planning on raising $65 billion to help fund the purchase...Source: http://www.phonearena.com/news/Verizon-Communications-close-to-deal-to-buy-45-stake-in-Verizon-Wireless_id46937
