Verizon nears $130 billion wireless deal, to finance about $65 billion: sources

By Soyoung Kim and Michelle Sierra (Reuters) - The boards of Verizon Communications and Vodafone Group Plc are expected to vote this weekend on a $130 billion transaction, funded by about $65 billion of debt, to give the U.S. telecom giant complete ownership of Verizon Wireless, people familiar with the matter said on Saturday. A deal, which the sources said could be announced as soon as Monday, would cap Verizon's decade-long effort to win full control of the No. 1 U.S. wireless provider. ...

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