Vodafone Awaits Shareholder Verdict on Kabel Deutschland Takeover and 2 Other Hot Stocks to Watch

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Vodafone Group PLC (NASDAQ:VOD): Current price $23.10

The deadline for Vodafone’s shareholders to approve its takeover of the cable operator Kabel Deutschland is set for 6 p.m. in New York on Wednesday (or midnight Central European Time). The U.K. telecom player proposes to acquire the German cable giant for 7.7 billion euros, or $10.1 billion, and though the bid is supported by Kabel’s board, Vodafone still seems to be considerably short of the threshold of 75 percent required by the company’s shareholder votes for approval.


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