Verizon Down on Verizon Wireless' Plan to Acquire Price Communications
Verizon (VZ) was down 4.6% at midday after Verizon Wireless, which it jointly owns with Vodafone (VOD), announced it would buy the wireless unit of Price Communications (PR).
The deal also calls for Verizon Wireless to assume $550 million in debt. Vodafone was down 2%, Price was up 0.6%.>To order reprints of this article, click here: ReprintsTheStreet Premium Services For Personal Service: 877-471-2967
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