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  2. Jun 30, 2000 · Under the terms of the merger agreement, GTE shareowners are receiving 1.22 shares of Verizon Communications common stock in exchange for each share of GTE common stock owned as of June 30, 2000, the effective date of the merger.

  3. Jul 28, 1998 · Under the terms of the deal, each GTE shareholder will receive 1.22 shares of Bell Atlantic for each GTE share they own. That comes to about $54.90 per GTE share, based Bell Atlantic's closing...

  4. Bell Atlantic Stock History. Many people have Verizon Stock which they previously obtained because they were shareholders of Bell Atlantic Corp, NYNEX, Metro Mobile, or GTE.

    Date
    Action
    07/01/2010
    Spin-Off Frontier Inc, Verizon ...
    03/31/2008
    Spin-Off Fairpoint Comm Inc., Verizon ...
    11/01/2006
    Spin-Off Idearc, Verizon Shareholders ...
    01/06/2006
    Acquired MCI, Shareholders of MCI ...
  5. Jul 28, 1998 · Under the terms of the definitive agreement, which was approved by the boards of directors of both companies, GTE shareholders will receive 1.22 shares of Bell Atlantic stock for each GTE share they own. (GTE had 963,241,244 shares outstanding as of June 30, 1998.)

  6. May 19, 1999 · In preliminary results announced this morning at Bell Atlantic's annual meeting, nearly 1.009 billion shares were voted in favor of the merger, or 98.4 percent of shares voted. A simple majority of outstanding shares is required for shareowner approval, and the favorable vote represents 64 percent of total shares outstanding.

  7. Jul 28, 1998 · Both companies' boards have approved the acquisition, under which GTE shareholders will receive 1.22 Bell Atlantic shares for each GTE share. Bell Atlantic's Monday closing price of $45 puts the...

  8. Nov 30, 2018 · GTE shareholders received 1.22 Bell Atlantic shares for each GTE share. Based on Bell Atlantic’s closing price of $45 on July 28, 1998, the deal was valued at $52.8 billion. The deal didn’t offer any premium for GTE based on the closing price on the day of announcement.

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