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Verizon Wireless to pay parent companies $7 billion in cash

(Adds details, quotes, byline) By Sonia Oxley MANCHESTER, England, May 13 (Reuters) - Manchester City sacked manager Roberto Mancini on Monday following his team's feeble defence of the Premier League title they won exactly one year ago. Manchester United regained the title last month with four games to spare and City were then beaten 1-0 by Wigan Athletic in last Saturday's FA Cup final. City had also failed to progress from the group stage of the Champions League for a second successive season despite boasting one of the most expensively assembled squads in the world. ...

Source: http://news.yahoo.com/verizon-wireless-pay-parent-companies-7-billion-cash-213503786.html

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