Verizon and Vodafone agree on $130B buyout12
The actual votes from the boards of each company have not happened yet, but those votes are expected to be little more than a formality at this point. Rather than meeting in the middle, it sounds like Verizon gave in to Vodafone's demands, and will end up paying $130 billion to buyout Vodafone. The talks had originally stalled because Verizon was trying to negotiate the price down closer to $100 billion.
As was said in our report yesterday, the deal is expected to be agreed to by the boards of each company, and the official announcement of the deal should come tomorrow.