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Wednesday, Apr 3
Bernstein takes Verizon's (VZ -1%) statement about not currently having any intention to...
Bernstein takes Verizon's (VZ -1%) statement about not currently having any intention to acquire/merge with Vodafone (VOD -4.5%) as a sign Verizon's overtures have been rebuffed. "We view Vodafone as a (very) reluctant seller." Nonetheless, an unnamed top-15 Vodafone shareholder tells Reuters "there has been a subtle change of tone from Vodafone management" over the last 6 months regarding a sale of the Verizon Wireless stake. "They are in a place psychologically where they are prepared to sell it." (previous)