Verizon Communications Inc is said to be preparing a possible bid to take full control of Verizon Wireless from joint venture partner Vodafone Group Plc
Bid could be worth up to $100 billion in cash and stock
Verizon, which already owns 55 percent of Verizon Wireless, has not put a proposal forward to Vodafone yet but it has hired both banking and legal advisers for a possible bid, the sources said.
The news, according to market chatter, is supporting GBP/USD, even though the actual flows could be months away.
