Therefore, if an entity or entity type is not defined in statute and legislation then, in consideration of the Stateâs authority to specify who or what its political subdivisions are, it is strongly encouraged that the Attorney General, at the request of the state administrator, opine on the legal status of an entity.
Intro - History & Timeline. Verizon Communications was created on June 30, 2000 by Bell Atlantic Corp. and GTE Corp., in one of the largest mergers in U.S. business history. GTE and Bell Atlantic evolved and grew through decades of mergers, acquisitions and divestitures.
Verizon buys XO Communications' fiber business for $1.8 billion. Verizon gives XO Communications' sole shareholder, Carl Icahn, an exit. Verizon on Monday said it will buy XO Communications' fiber-optic network business in a deal valued at $1.8 billion. The deal is expected to close in the first half of 2017. For Verizon, the acquisition will bolster its enterprise and wholesale businesses. XO is selling its fiber IP and Ethernet networks.