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Verizon files $8 billion automatic shelf
By Susanna Moon
Chicago, June 14 - Verizon Communications, Inc. registered to sell up to $8 billion of securities in an S-3ASR filing with the Securities and Exchange Commission.
Covered by the automatic shelf are common stock, preferred stock and debt securities. Securities may be issued as convertible.
Proceeds will be used for general corporate purposes.
Verizon is a broadband and wireless communications provider based in New York.
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