Verizon Begins Defense of $9.5 Billion Idearc Lawsuit - Bloomberg

10/15/12

Verizon Begins Defense of $9.5 Billion Idearc Lawsuit
Bloomberg
Creditors contend the spinoff, designed to generate $9.5 billion for Verizon, left Idearc with so much debt it was insolvent immediately and destined for bankruptcy. It filed for bankruptcy 28 months after the spinoff. Bill Kula, a spokesman for New ...

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