<< Read Full Article
<< Read Full Article
Update: Verizon Wireless Files for $5 Billion IPO
Updated from 12:45 p.m. EDT
Verizon Wireless, owned by Verizon Communications(VZ Quote) and Vodaphone Group(VOD Quote), hopes to raise $5 billion in an initial public offering
of stock, according to a statement filed with regulators Thursday.
Verizon Wireless has yet to list a price range for the stock or say how many shares it intends to offer, the document filed with the Securities and Exchange Commission showed. The nearly 400-page statement, however, did note that Goldman Sachs and Merrill Lynch will underwrite the offering.
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,388.90 | 1,105.98 | 2,194.35 | 34.83 |
Oil *
77.74
|
|
UP
22.75
|
UP
6.06
|
UP
21.21
|
UP
1.03
|
10 Yr
3.48%
SPDR Gold
113.75
|
|
+0.22%
|
+0.55%
|
+0.98%
|
+3.05%
|
Data delayed 20 minutes |


Connect with TheStreet