Verizon close to $130 billion deal for Vodafone stake: Bloomberg

(Reuters) - Verizon Communications Inc is in advanced talks to buy Vodafone Group Plc's 45 percent stake in their U.S. joint venture for about $130 billion, Bloomberg reported late on Wednesday, citing people with knowledge of the matter. Verizon is working with several banks to raise $10 billion from each to finance about $60 billion of the deal and an announcement could come as soon as September 2, two of the people told Bloomberg. (http://link.reuters. ...

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