The Offers are being made solely pursuant to the Offer to Purchase. In 2019, Verizon Communications achieved a total operating revenue of about 132 billion U.S. dollars. by $4.6 billion, … Verizon Communications organization profile. In December 2018, Verizon announced it would write down the combined value of its purchases of AOL and Yahoo!
This announcement is not an offer to purchase or a solicitation of an offer to purchase any Notes. Verizon cannot assure you that projected results or events will be achieved.Payment of the required cash amounts for any Notes tendered on or prior to the Original Expiration Date and accepted for purchase is expected to be made on November 25, 2019 (the “First Settlement Date”). The Offers are being made solely pursuant to the Offer to Purchase. This announcement is not an offer to purchase or a solicitation of an offer to purchase any Notes. In any jurisdiction in which the securities laws or blue sky laws require the Offers to be made by a licensed broker or dealer, the Offers will be deemed to be made on behalf of Verizon by the dealer managers or one or more registered brokers or dealers that are licensed under the laws of such jurisdiction. In any jurisdiction in which the securities laws or blue sky laws require the Offers to be made by a licensed broker or dealer, the Offers will be deemed to be made on behalf of Verizon by the dealer managers or one or more registered brokers or dealers that are licensed under the laws of such jurisdiction.NEW YORK, Nov. 22, 2019 (GLOBE NEWSWIRE) -- Verizon Communications Inc. (“Verizon”) (NYSE, NASDAQ: VZ) today announced interim results of its previously announced 20 separate offers to purchase for cash the outstanding series of notes listed in the table below (collectively, the “Notes”), an extension of the Original Expiration Date (as defined below) and an increase in the cap on the aggregate purchase price for the Notes.
In addition to the applicable Total Consideration, holders whose Notes are accepted for purchase on the Second Settlement Date will receive a cash payment equal to the accrued and unpaid interest on such Notes from and including the immediately preceding interest payment date for such Notes to, but excluding, the Second Settlement Date. The Offers are not being made to holders of Notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction. When Verizon Communications purchased Yahoo! Accordingly, in addition to those Notes accepted for purchase on the First Settlement Date (as defined below), Verizon has also accepted for purchase all Notes validly tendered during the Extension Period.This announcement is for informational purposes only. The Offers are not being made to holders of Notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction. 0. In addition to the applicable Total Consideration, holders whose Notes are accepted for purchase on the First Settlement Date will receive a cash payment equal to the accrued and unpaid interest on such Notes from and including the immediately preceding interest payment date for such Notes to, but excluding, the First Settlement Date.
These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those currently anticipated. Holders may continue to validly tender all series of Notes until the Extended Expiration Date, unless the Offers are further extended or terminated. Interest will cease to accrue on the Second Settlement Date for all Notes tendered in the Offers after the Original Expiraton Date but on or prior to the Extended Expiration Date and accepted for purchase.In this communication Verizon has made forward-looking statements. Similarly, statements that describe our objectives, plans or goals also are forward-looking statements. Verizon announces interim results, extension, early settlement and upsizing of its tender offers for 20 series of notes of Verizon and certain of its subsidiaries Email Print Friendly Share Verizon Communications Inc. was founded in 1983 and is headquartered in New York, New York. These forward-looking statements are not historical facts, but only predictions and generally can be identified by use of statements that include phrases such as “will,” “may,” “should,” “continue,” “anticipate,” “believe,” “expect,” “plan,” “appear,” “project,” “estimate,” “intend,” or other words or phrases of similar import. Outside Spending in the 2020 cycle: $0.