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Verizon reaches agreement to buy out Vodafone’s 45% stake in Verizon Wireless, worth $130 billion

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http://www.talkandroid.com – As some of you probably know, part of Verizon Wireless is owned by UK company Vodafone. Vodafone owns about 45% of the company, which has been a pretty lucrative stake considering Verizon Wireless’s massive profits in the past few years. According to a recently proposed deal, however, Verizon will buy out that 45% stake for a whopping $130 billion in cash and stock options.  That’s a pretty hefty up-front cost, but it would allow Verizon to keep 100% of their wireless profits. The Wall Street Journal seems to think the deal will go through without a hitch, simply because it doe (IT news)