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Verizon CEO Hans Vestberg on acquisition of pre-paid phone provider Tracfone

Verizon Communications said Monday it would buy wireless services provider Tracfone, a unit of Mexican telecom America Movil, in a $6.25 billion cash and stock deal. Verizon CEO Hans Vestberg joined "Squawk on the Street" to discuss why the company made the deal.
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Mon, Sep 14 202010:19 AM EDT