Verizon (VZ) says it will buy Terremark Worldwide (TMRK) for $19/share in cash, or $1.4B, a 35%...

|About: Verizon Communications (VZ)|By:, SA News Editor

Verizon (VZ) says it will buy Terremark Worldwide (TMRK) for $19/share in cash, or $1.4B, a 35% premium over today's closing price of $14.05/share. Verizon expects to close the tender offer late in Q1. TMRX halted; VZ +0.4% AH. (PR)