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Stock Market & Financial Investment News

News Breaks
April 1, 2011
07:54 EDTVZ, TMRKVerizon completes tender for Terremark; Announces subsequent offering period
Verizon Communications (VZ) announced the successful completion of the tender offer made by Verizon's wholly owned subsidiary, Verizon Holdings Inc., for all outstanding shares of Terremark Worldwide (TMRK) common stock. The tender offer and withdrawal rights expired at midnight ET on March 31. According to the depositary for the tender offer, approximately 59,754,625 shares were validly tendered and not withdrawn as of the expiration time. This represents approximately 70.9% of Terremark's outstanding shares of common stock on a fully diluted basis and 84.06% of Terremark's outstanding shares of common stock, giving Verizon control of Terremark. Verizon Holdings has accepted for purchase all shares that were validly tendered and not properly withdrawn and will promptly pay for such shares at the offer price of $19 per share, net to the seller in cash, without interest and less any applicable withholding taxes. Verizon also announced that Verizon Holdings has commenced a subsequent offering period to acquire the remaining untendered shares of Terremark common stock. The subsequent offering period will expire at 5 p.m. ET on April 7, unless extended. During this subsequent offering period, holders of shares of Terremark common stock who did not previously tender their shares into the initial tender offer may do so.
News For VZ;TMRK From The Last 14 Days
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October 2, 2014
07:43 EDTVZFCC outlines estimated compesation for broadcasters in incentive auction
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07:10 EDTVZVerizon management to meet with UBS
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06:41 EDTVZFCC Chairman supports Verizon's decision to reconsider 4G network plan
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06:39 EDTVZVerizon withdraws target to throttle unlimited LTE data plans, Gigaom says
Verizon announced its plans to withdraw its new "network optimization" policy to slow speeds for 4G unlimited data customers, according to Gigaom, citing a statement from the communications company. Reference Link
October 1, 2014
16:34 EDTVZVerizon FiOS, Viacom renew carriage agreement
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07:06 EDTVZVerizon management to meet with UBS
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September 30, 2014
08:07 EDTVZVerizon management to meet with UBS
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07:53 EDTVZAnalysts see AT&T with early lead over Verizon in connected cars, Reuters says
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September 29, 2014
07:25 EDTVZOracle to hold a conference
Open World 2014 to be held in San Francisco on September 28-October 2.
September 24, 2014
08:03 EDTVZMicronet Enertec artners with Verizon for mobile data terminal distribution
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September 23, 2014
18:03 EDTVZVerizon hires TAP Advisors for tower sale. lease agreement, Bloomberg says
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17:53 EDTVZVerizon hires TAP Advisors for tower sale. lease agreement, Bloomberg says
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September 22, 2014
07:14 EDTVZGSM Association to hold a conference
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