tag:blogger.com,1999:blog-4815867514277794362.post830584977115329612..comments2024-03-08T06:18:28.125+11:00Comments on Bronte Capital: Scared - Verizon, VodafoneJohn Hemptonhttp://www.blogger.com/profile/03766274392122783128noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-4815867514277794362.post-41553024139469154382013-04-28T03:50:39.032+10:002013-04-28T03:50:39.032+10:00Any reason VZ wouldn't just buy the whole thin...Any reason VZ wouldn't just buy the whole thing using overvalued stock? VOD mgmt has done such an amazing job lowering expectations for the rest of the business, the only way is up for any successor. <br /><br />Thoughts?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-29812801894526925132013-04-19T23:26:45.259+10:002013-04-19T23:26:45.259+10:00It is worse than that. The tax-efficient structur...It is worse than that. The tax-efficient structure may be to pay VOD with VZ stock (which is very overvalued relative to VOD). Then VOD could be the one to crush the VZ price by creating the world's biggest overhang -- _after_ the exchange ratio has been set.Robert in Chicagonoreply@blogger.com