VOD will get $58.9B in cash, $60.2B in VZ stock (which will go to VOD shareholders), and $11B from other transactions.
The deal will be immediately accretive to the tune of 10% for VZ. (PR)
VOD will return $23.9B of the cash to shareholders and the company says it will "increase the total FY14 dividend per share by 8%." (PR)
Moody's cut Verizon's long-term debt rating by one notch to Baa1 following the announcement.