 sitrix
join:2002-04-15
Tacoma, WA | reply to hottboiinnc
Re: Public benefit? "Verizon will just walk away" point of view I've heard many times already, in fact it's the only point of view proponents of this sale state over and over. The problem is that Verizon will never walk away from billions of dollars worth of assets, they will simply have to either keep them till they find a way to sell them at a price Verizon wants or sell them at a bargain price. If Verizon sells unwanted assets at bargain price to Frontier, then Frontier won't be burdened financially enough to go into bankruptcy and will have enough financial straight left to keep network operational. So in the end, if Verizon wants this sale to go through, then they shouldn't expect top dollar for the assets they sell. |
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 ·WOW Internet and..
| depending on the state of operations this is true. Ohio's law does NOT include the assets going to the public. So VZ could under Ohio law do that here. They could take the assets that they do own and leave without a problem. The people are the ones that would be affected in the end. The company would not.
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