Telefonica in $7.4B bid to take over Brazil's Vivo (AP)

[Mgtrben news]

AP - Spain's Telefonica SA on Tuesday made a euro5.7 billion ($7.4 billion) offer to take over Vivo, Brazil's leading mobile phone operator.

Source (http://us.rd.*****.com/dailynews/rss/tech/*http://news.*****.com/s/ap/20100511/ap_on_bi_ge/eu_spain_telefonica_brasilcel)