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May 11, 2017 07:24 am GMT
Verizon appears to have won its bidding war with AT&T for Straight Path Communications after offering $3.1 billion. AT&T announced last month that it had agreed to buy Straight Path for $1.6 billion, but after Verizon placed a bid for nearly double that amount on Monday, AT&T declined to match it, reports the Wall Street Journal. Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/TwKGQ6olJJ4/
Verizon reportedly wins bidding war for Straight Path with $3.1 billion offer
Verizon appears to have won its bidding war with AT&T for Straight Path Communications after offering $3.1 billion. AT&T announced last month that it had agreed to buy Straight Path for $1.6 billion, but after Verizon placed a bid for nearly double that amount on Monday, AT&T declined to match it, reports the Wall Street Journal. Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/TwKGQ6olJJ4/
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