Vodafone/Verizon Ivan the terrible

Ivan Seidenberg must be one of the happiest bosses in the US this weekend. His long-cherished dream of buying Vodafone out of their Verizon Wireless partnership now looks realistic. It is no longer a question of if, but when. What’s more, Seidenberg - the boss of Verizon Communications, which owns 56% of the Wireless partnership - probably won’t have to pay over the odds to clinch this $40bn or so purchase. Seidenberg’s joy started earlier this week when Standard Life, Vodafone’s ninth largest ...