Stick With Vodafone

Vodafone (VOD) recently announced its massive deal to sell off the company's 45% stake in Verizon (VZ) Wireless for a whopping $130 billion. This was on the high end of what most had estimated the deal would be worth, and it was certainly good news for Vodafone shareholders.

The even greater news, however, was how Vodafone plans to spend the proceeds. Management says it will pay off a total of $20 billion in debt and return a massive $84 billion in cash to shareholders, and it will apparently spend a more modest $26 billion on acquisitions and investment. To put this into context, the company's American depositary receipt market capitalization is only $156 billion as of today....554 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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