Verizon Communications (VZ) May Acquire Big Cable Company - NYP (CHTR) (CMCSA)
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Price: $39.93 +1.11%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 6.7%
Revenue Growth %: +1.6%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 6.7%
Revenue Growth %: +1.6%
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(Updated - January 17, 2017 10:41 AM EST)
Verizon Communications (NYSE: VZ) is weighing the acquisition of a cable company, according to a report in the New York Post, citing comments from Verizon's CEO at CES. The report said the most likely targets are Charter Communications (NASDAQ: CHTR) and Comcast (NASDAQ: CMCSA).
Verizon isn't in talks to acquire any cable company.
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