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Technology Stocks : Vodafone-Airtouch (NYSE: VOD)
VOD 15.11+3.4%Feb 6 9:30 AM EST

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To: Clean who wrote (2782)5/25/2000 10:21:00 PM
From: MrGreenJeans  Read Replies (1) of 3175
 
France Telecom Begins Exclusive Talks to Buy Orange, People Familiar Say
By Robert B. Cox

London, May 26 (Bloomberg) -- France Telecom SA won the
exclusive right to negotiate with Vodafone AirTouch Plc to acquire
Orange Plc for as much as $45 billion, people familiar with the
French and British phone companies said.

The talks may lead to an agreement as soon as Tuesday, when
Vodafone reports earnings, they said. France Telecom may pay about
two thirds in cash, assume about $9 billion of debt, and pay the
rest in stock, the people said.
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