Vodafone Wins Kabel Deutschland's Bid, What's Paul Singer's Next Move?

Finally, after much speculation that the deal may not follow through, Vodafone Group Plc (NASDAQ:VOD) (LON:VOD) was able to achieve the 75% percent acceptance level to get its buyout of Kabel Deutschland Holding AG (FRA:KD8) (ETR:KD8) approved, Reuters reports. Vodafone can add to its growing empire with this new acquisition of Germany’s largest cable network. Vodafone would be able to buy the German company In a late night share tally in Frankfurt, and the tedious process of counting and confirming tenders, the British telecom major announced that it has reached the 75 percent threshold of shareholder approval. Votes were counted throughout the…