New York court approves Verizon settlement over 'merger tax' objections

NEW YORK (Reuters) - A New York state appeals court on Thursday said its door remains open for settlements of merger litigation where shareholders receive no money, approving an accord tied to Verizon Communications Inc's $130 billion buyout of Vodafone Group Plc's stake in their Verizon Wireless venture.

New York court approves Verizon settlement over 'merger tax' objections
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