Report: Verizon Mulling Netflix Buy | Fox Business
Shares of Netflix (NFLX) soared more than 6% Monday on a report that Verizon Communications (VZ) is considering buying the troubled movie renter. Verizon is reportedly evaluating whether a purchase of Netflix could provide an entry into the video delivery business, DealReporter said, citing a source close to the matter. A Verizon spokesman declined to comment on the report. Netflix said it does no
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