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Verizon Communications Inc (VZ.N)

VZ.N on New York Stock Exchange

49.62USD
3:17pm EDT
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$-0.02 (-0.04%)
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Latest Key Developments (Source: Significant Developments)

Verizon to redeem debt securities
Thursday, 23 Mar 2017 08:00am EDT 

Verizon Communications Inc : Verizon to redeem debt securities .Verizon - will redeem $514 million of 6.100pct notes due 2018 and $533 million of 5.50pct notes due 2018 on April 24, 2017.  Full Article

Verizon and CBS Corp announce multiyear content carriage agreement
Wednesday, 15 Mar 2017 02:00pm EDT 

CBS Corp : Verizon and CBS Corporation announce multiyear content carriage agreement . Financial terms were not disclosed . Says Verizon will also provide access to live authenticated streaming on CBS.com, cbs app and Verizon's authenticated platform .CBS and Verizon have agreed to expand partnership to future digital platforms.  Full Article

Syntonic says Verizon Wireless has licensed Co’s platform technologies
Monday, 13 Mar 2017 06:44pm EDT 

Syntonic Ltd : Asx alert-verizon licenses syntonic platform technologies-syt.ax .Syntonic licenses Freeway SDK™ to Verizon Wireless for use in sponsored data applications with revenue guarantees starting this quarter.  Full Article

Verizon announces tender offers for 30 series of notes of Verizon and some of its units
Monday, 13 Mar 2017 08:22am EDT 

Verizon Communications Inc : Verizon announces tender offers for 30 series of notes of Verizon and certain of its subsidiaries .Verizon - offers will expire at 5:00 p.m. (Eastern Time) on March 17, 2017.  Full Article

Yahoo says Marissa Mayer will continue to be CEO prior closing of transaction with Verizon
Monday, 13 Mar 2017 06:07am EDT 

Yahoo! Inc : Upon closing of sale transaction with Verizon, Alexi Wellman will serve as chief financial and accounting officer for Altaba Inc . Yahoo says on march 10, 2017, appointed Arthur Chong to serve as general counsel and secretary of Yahoo . Marissa Mayer and Kenneth Goldman will continue to be ceo and cfo, respectively, of company prior to closing of transaction with Verizon .Board determined that, upon closing of sale transaction with verizon, Thomas J. Mcinerney will serve as ceo for Altaba Inc.  Full Article

Verizon chooses datamena for Middle East expansion
Tuesday, 7 Mar 2017 12:01am EST 

Verizon :Says Verizon chooses datamena for Middle East expansion.  Full Article

Verizon's board authorizes stock repurchase of up to 100 mln shares
Friday, 3 Mar 2017 11:46am EST 

Verizon Communications Inc : Verizon board declares quarterly dividend and reauthorizes share repurchase plan . Sets quarterly dividend of $0.5775 per share . Verizon's board authorized corporation to repurchase up to 100 million shares of its common stock .New buyback program will terminate when aggregate number of shares purchased reaches 100 million, or at close of business on Feb. 28, 2020.  Full Article

Yahoo under terms of SPA amendment, termination fee to be paid by Yahoo to Verizon in certain circumstances is reduced to $134.3 mln
Tuesday, 21 Feb 2017 09:39am EST 

Yahoo Inc :Yahoo - under terms of spa amendment termination fee to be paid by yahoo to verizon in certain circumstances is reduced to $134.3 million - sec filing.  Full Article

Verizon says to cut price to acquire Yahoo's operating business by $350 mln
Tuesday, 21 Feb 2017 08:00am EST 

Verizon : Verizon and Yahoo amend terms of definitive agreement . Says under amended terms, Verizon and Yahoo have agreed to reduce price Verizon will pay to acquire Yahoo's operating business by $350 million . Says Verizon and Yahoo will share certain legal and regulatory liabilities arising from certain data breaches incurred by Yahoo . Says Verizon's acquisition of Yahoo - now valued at approximately $4.48 billion in cash . Says liabilities arising from shareholder lawsuits and SEC investigations will continue to be responsibility of Yahoo . Says Yahoo to be responsible for 50 percent of any cash liabilities incurred following closing related to non-sec government investigations . Says Verizon's acquisition of Yahoo is expected to close in second-quarter 2017 . Says data breaches or losses arising from them will not be taken into account in determining whether a "business material adverse effect" has occured .Says Yahoo to be responsible for 50 percent of any cash liabilities incurred following deal closing related to third-party litigation related to breaches.  Full Article

Verizon, Yahoo agree to cut merger price by as much as $350 mln - CNBC, citing DJ
Tuesday, 21 Feb 2017 07:00am EST 

: Verizon, Yahoo agree to cut merger price by as much as $350 million - CNBC, citing DJ . Verizon, Yahoo agree to split future costs of data breaches- CNBC, citing DJ ((Bangalore.newsroom@thomsonreuters.com ;)).  Full Article

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