Sept 2 (Reuters) - Verizon Communications Inc said onMonday it has agreed to buy out Vodafone Group Plc's 45percent stake in Verizon Wireless for $130 billion, capping itsdecade-long effort to win full control of the most profitablemobile service provider in the United States.
Under the terms of the deal, Vodafone would get $58.9billion in cash, $60.2 billion in Verizon stock, and anadditional $11 billion from smaller transactions that would takethe total deal value to $130 billion, Verizon said in astatement.
The deal marks the third-largest announced acquisition incorporate history and British telecom giant Vodafone's exit fromthe large but mature U.S. mobile market.