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Vodafone reaches $130 billion deal to sell Verizon Wireless stake to Verizon
The Wall Street Journal is reporting this afternoon that Vodafone and Verizon Communications, which have joint ownership of Verizon Wireless, have reached a deal this weekend to sell Vodafone's 45 percent stake in the United States' largest wireless company to Verizon for $130 billion in cash and stock.