Monday, July 16, 2007

Vodafone CDS recover as Verizon bid denied

(Reuters) - Vodafone's CDS traded 1.5 basis points wider on the day at 31.5 basis points by 1220 GMT, a trader said, having previously hit a high of 35 basis points.



Earlier on Monday, the Financial Times reported on its Alphaville Web site that Vodafone had been considering a $160 billion bid for Verizon.


Read more at Reuters.com Bonds News

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