Verizon mulls higher bid for Straight Path - report

News Wireless United States 17 APR 2017
Verizon mulls higher bid for Straight Path - report
Verizon is considering making a rival offer for Straight Path Communications, topping AT&T's USD 1.25 billion bid, people familiar with the matter told Reuters. 

Straight Path said in a regulatory filing that a third party, which it did not name, was evaluating making an offer higher than AT&T's bid. The party had also been bidding to acquire the company before AT&T made its offer, Straight Path said. Verizon declined to comment. 

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