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Vodafone Drops as Verizon Says It’s Not Considering Bid
Posted: 03-Apr-2013 [Source: Bloomberg]

[Verizon denies reports that it is considering a bid for Vodafone driving a 3.1% drop in the Vodafone stock price.]

Amy Thomson & Scott Moritz -- "Vodafone Group Plc shares fell from a five-year high after Verizon Communications Inc. (VZ) said it isn’t considering a bid, denying a report that it was discussing a joint offer for the U.K. carrier with AT&T Inc.

Verizon said yesterday it doesn’t have any intention “to merge with or make an offer for Vodafone, whether alone or in conjunction with others.”


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