8.02.13: Verizon board readies meeting on Wind Mobile takeover bid | Financial Post

8.02.13: Verizon board readies meeting on Wind Mobile takeover bid | Financial Post:

 "Verizon Communications Inc. is closing in on Canadian mobile carrier Wind Mobile. Sources told the Financial Post the New York-based telecommunications giant will hold a meeting of its board of directors next week and its plans for Wind are on the agenda for approval. While Verizon has already made an initial offer for Wind in the range of $700-million, those with knowledge of the matter say it is now preparing to make a formal offer and taking that plan as well as its roadmap for investment in the Canadian wireless market to its board, reports Christine Dobby."