FCC approves Verizon's $6B purchase of TracFone - NewsBreak
By Megansoto in Business
Updated 2 years ago
The Federal Communications Commission on Monday said it had approved Verizon's $6 billion purchase of wireless company TracFone, after the companies agreed to conditions meant to protect consumers. Why it matters: The FCC was the last regulatory hurdle for Verizon, which expects to close the transaction in the coming...