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UPDATE 1-Verizon Wireless to pay its parents $7 bln dividend

May 14, 2013

May 13- Verizon Wireless, the biggest U.S. mobile service provider, said on Monday it would pay its parents Verizon Communications and Vodafone Group Plc a dividend of $7 billion in June. The dividend comes amid mounting speculation Verizon could buy Vodafone's stake in the venture if they can agree on a price.

Source: http://www.cnbc.com/id/100733109
 
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