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Verizon buys Tracfone in $6.25B deal
On Monday Verizon, Yahoo Finance’s parent company, announced it is acquiring Tracfone, the leading pre-paid and value mobile provider in the U.S. for $6.25 billion in cash and stock. Ronan Dunne, Verizon Executive Vice President, joins Yahoo Finance’s The First Trade with Alexis Christoforous and Brian Sozzi to discuss.