HALISTER: Verizon Said to Buy Straight Path for $3.1b in Stock: WSJ

Verizon Said to Buy Straight Path for $3.1b in Stock: WSJ

(Bloomberg) -- Verizon agreed on Monday to pay $3.1b in stock for Straight Path, an offer that AT&T has declined to match, WSJ reports, citing unidentified people familiar.
  • Deal could be announced as soon as Thursday
  • NOTE: May 8, AT&T Must Now Match $3.1 Billion in Bid for Straight Path

Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
VZ US (Verizon Communications Inc)
STRP US (Straight Path Communications Inc)
T US (AT&T Inc)

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