Verizon beats AT&T to Straight Path deal

Verizon on Thursday beat AT&T in the race to acquire 5G spectrum holder Straight Path, having been identified as the unnamed suitor that lodged a $3.1 billion bid (€2.84 billion) for the company earlier this week.The all-stock deal equates to $184 per share, representing a massive 486% premium on Straight Path's closing share price on 11 January…read more on TotalTele.com »