Membership Home Portfolio Stocks Bonds Funds ETFs CEFs Markets Tools Real Life Finance Discuss
Home>Topics>>Judge denies bid to block Verizon's $7.5 bln pension transfer

Judge denies bid to block Verizon's $7.5 bln pension transfer

Reuters: Financials

Fri, 7 Dec 2012

NEW YORK, Dec 7 (Reuters) - A federal judge in Texas on Friday denied Verizon Communications Inc retirees' attempt to stop the company from transferring $7.5 billion in pension obligations to insurer Prudential Insurance Co of America.

Read the rest of this article on Reuters: Financials

Related Videos

  1. Will AT&T's Deal Pass Regulatory Muster?

    Mon, 21 Mar 2011

    Morningstar's Mike Hodel thinks that AT&T's deal for T-Mobile is good for AT&T shareholders, but regulators may be hesitant to allow the telecom giant to get even bigger.

Content Partners
Site Directory Site Map Our Products
Corrections Help Advertising Opportunities Licensing Opportunities Glossary RSS Mobile Portfolio Affiliate Careers Company News
International Sites: Australia Canada China France Germany Hong Kong Italy The Netherlands Norway Spain U.K. Switzerland India Finland
Independent. Insightful. Trusted. Morningstar provides stock market analysis; equity, mutual fund, and ETF research, ratings, and picks; portfolio tools; and option, hedge fund, IRA, 401k, and 529 plan research. Our reliable data and analysis can help both experienced enthusiasts and newcomers.

© Copyright 2013 Morningstar, Inc. All rights reserved. Please read our Terms of Useand Privacy Policy.Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time.