#1: Verizon (VZ) Buys Out Verizon Wireless Stake from Vodafone (VOD)
More than a decade in the making, the deal’s final price tag makes it the third-largest corporate transaction of all time, behind only AOL’s (AOL) merger with Time Warner (TWX), and Vodafone AirTouch’s takeover of Germany’s Mannesmann.
When it comes to mergers and acquisitions, this one looks like a sure winner for VZ shareholders. Even if growth is hard to come by in the saturated mobile market, Verizon Wireless is an absolute cash cow.
As of this writing, Dan Burrows did not hold a position in any of the aforementioned securities.