Telecommunications giant Verizon is about to buy back a large piece of itself from Europe's Vodafone. Investment bankers who are brokering the deal will be especially pleased with their cut of the price tag: $130 billion. Gyanee Dewnarain, from the consulting company Gartner, says this move comes at a beneficial time for Verizon.
"They are in the best possible position to spend that money," she says. "And from a strategic persepective they do see themselves now independent and able to really drive their own strategy."
Click on the audio player above to hear more.
“I think the best compliment I can give is not to say how much your programs have taught me (a ton), but how much Marketplace has motivated me to go out and teach myself.” – Michael in Arlington, VABEFORE YOU GO