Tuesday, December 13, 2011

Verizon Buying Netflix Wouldn’t Be So Crazy

Takeover rumors are giving Netflix (NASDAQ: NFLX ) shares a sudden lift this
week. The stock was up 2.5% on Tuesday morning (then faded by midday) after
leaping more than 8% on Tuesday. Whos buying? Verizon (NYSE: VZ ), if you
believe the so-far sketchy reports that are floating around. And as far-fetched
as it might sound, it would actually be a sensible deal. Heres what we know at
this point. A Dec. 6 Reuters

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