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Last $47.03 USD
Change Today +0.42 / 0.90%
Volume 16.7K
VZC On Other Exchanges
Symbol
Exchange
New York
Mexico
London
Sao Paulo
EN Amsterdam
Frankfurt
As of 11:35 AM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

Transactions by VERIZON COMMUNICATIONS INC (VZC) in the last 6 months

Announced 05/20/15
650.00M for Verizon Communications Inc., Verizon Operations Center in Basking Ridge, NJ
Merger/Acquisition

Mesirow Realty Sale-Leaseback, Inc. acquired Verizon operations center in Basking Ridge, NJ from Verizon Communications Inc. (NYSE:VZ) for $650 million on May 20, 2015. As part of the transaction, Verizon will lease back the entire facility from Mesirow for a 20-year term. Michael Rotchford, David Wenk, Robert Elms and Mark Todrys of Cushman & Wakefield acted as financial advisor and exclusive placement agent for Verizon. Josh Kuriloff and David Bernhaut of Cushman & ...
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VZC's price was unchanged after the transaction was announced on 05/20/15.
Investor / Buyer
Mesirow Realty Sale-Leaseback, Inc.
Creditor / Lender
Verizon Communications Inc.
 
Announced 05/12/15
4.76B for AOL Inc.
Merger/Acquisition

Verizon Communications Inc. (NYSE:VZ) entered into a merger agreement to acquire AOL Inc. (NYSE:AOL) from Kingdom Holdings Company (SASE:4280), Iridian Asset Management LLC, Fidelity Management & Research Company, D. E. Shaw Investment Management, L.L.C. Bessemer Venture Partners VII, L.P., Bessemer Venture Partners VII Institutional L.P. fund of Bessemer Venture Partners, Dodge & Cox and others for $4.2 billion on May 12, 2015. As reported, Verizon will acquire all ...
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VZC's price was unchanged after the transaction was announced on 05/12/15.
Investor / Buyer
Verizon Communications Inc.
Creditor / Lender
Bessemer Venture Partners
Bessemer Venture Partners VII Institutional L.P.
Bessemer Venture Partners VII, L.P.
D. E. Shaw Investment Management, L.L.C.
Dodge & Cox
Fidelity Management & Research Company
Iridian Asset Management LLC
Kingdom Holdings Company
Starboard Value LP
Financial Advisor
Allen & Company LLC
Legal Advisor
Wachtell, Lipton, Rosen & Katz
 
Announced 02/8/15
Altegrity, Inc.
Bankruptcy

Altegrity, Inc., along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the District of Delaware on February 8, 2015. The affiliates include Albatross Holding Company, LLC, Albatross Marketing and Trading, LLC, Altegrity Acquisition Corp., Altegrity Holding Corp., Altegrity Risk International LLC, Altegrity Security Consulting, Inc., CVM Solutions, LLC, D, D & C, Inc., Engenium Corporation, FDC Acquisition, ...
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VZC's price was unchanged after the transaction was announced on 02/8/15.
Creditor / Lender
CFIG Ocean Co-Invest SPV, LLC
Commerce Center TN Tower, L.P.
Hewlett-Packard Company
Insight Direct USA, Inc.
Laboratory Corp. of America Holdings
Microsoft Corporation
Teachers Insurance & Annuity Association of America, Endowment Arm
Verizon Communications Inc.
VMware, Inc.
Wilmington Trust, National Association
Financial Advisor
Evercore Group L.L.C.
Legal Advisor
Debevoise & Plimpton LLP
Venable LLP
Womble Carlyle Sandridge & Rice PLLC
Young Conaway Stargatt & Taylor, LLP
 
Announced 02/5/15
10.54B for Verizon Florida LLC, GTE Southwest Incorporated and Verizon California Inc. and Related Assets
Merger/Acquisition

Frontier Communications Corporation (NasdaqGS:FTR) entered into a securities purchase agreement to acquire Verizon Florida LLC, GTE Southwest Incorporated, Verizon California Inc. and related assets for $10.6 billion on February 5, 2015. The consideration is subject to certain adjustments and includes $9.9 billion in cash and $600 million in assumed debt. Debt obligations include $200 million 6.75% Series F Debentures issued by Verizon California Inc. due May 15, 2027, ...
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VZC's price was unchanged after the transaction was announced on 02/5/15.
Investor / Buyer
Frontier Communications Corporation
Creditor / Lender
Verizon Communications Inc.
 
Announced 02/5/15
5.00B for Verizon Communications Inc.
Buyback

Verizon Communications Inc. (NYSE:VZ) announces a share repurchase program. Under the program, the company will repurchase up to $5,000 million of its common stock, pursuant to an accelerated stock repurchase (ASR) agreement. The company expects to receive an initial delivery of shares having a value of approximately $4,250 million. Verizon will fund the ASR with cash on hand. The total number of shares that Verizon will repurchase under the ASR agreement will be based ...
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VZC's price was unchanged after the transaction was announced on 02/5/15.
 
Announced 02/5/15
5.05B for Verizon Communications Inc., Rights To 11,448 Wireless Communications Sites
Merger/Acquisition

American Tower Corporation (NYSE:AMT) entered into a definitive agreement to acquire rights to 11,324 wireless communications towers and 165 additional towers from Verizon Communications Inc. (NYSE:VZ) for $5.1 billion in cash on February 5, 2015. In a related transaction Verizon Communications is selling wire line assets to Frontier Communications. The purchase price is subject to adjustments. American Tower intends to finance the transaction in a manner consistent ...
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VZC's price was unchanged after the transaction was announced on 02/5/15.
Investor / Buyer
American Tower Corporation
Creditor / Lender
Verizon Communications Inc.
 
 

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VZC:LN $47.03 USD +0.42

VZC Competitors

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Company Last Change
Comcast Corp $62.68 USD +0.32
Google Inc $659.84 USD -4.72
Hewlett-Packard Co $30.70 USD +0.08
International Business Machines Corp $161.48 USD +0.52
Nippon Telegraph & Telephone Corp ¥4,764 JPY -83.50
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Industry Analysis

VZC

Industry Average

Valuation VZC Industry Range
Price/Earnings 19.4x
Price/Sales 1.5x
Price/Book 16.6x
Price/Cash Flow 7.2x
TEV/Sales 0.5x
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