What is the main purpose of this 8-K filing?

The main purpose of this filing is to inform investors that Verizon Communications and FairPoint Communications have extended the termination date of their merger agreement. The termination date has been moved from January 31, 2008, to March 1, 2008.

Why was the merger agreement termination date extended?

The termination date was extended because all conditions required for the merger to proceed have been satisfied, with the sole exception being the receipt of necessary regulatory approvals. This extension allows more time to secure these approvals.

Does this extension indicate any problems with the merger?

No, this extension does not necessarily indicate problems. According to the filing, all conditions to the merger are capable of being satisfied, and the extension is a procedural step to accommodate the regulatory approval process, as permitted by the original agreement.

What is the significance of the 'event date' being January 30, 2008, while the filing date is January 31, 2008?

The 'event date' of January 30, 2008, refers to when the notice to extend the merger agreement was executed. The filing date of January 31, 2008, is the date Verizon officially submitted this information to the SEC, adhering to reporting deadlines.

VZ 8-K SEC Disclosure — Feb 1, 2008

Summary

Verizon Communications Inc. (VZ) has filed an 8-K report to announce an extension of the termination date for its merger agreement with FairPoint Communications, Inc. The original termination date of January 31, 2008, has been extended to March 1, 2008. This extension is in accordance with the terms of the Merger Agreement and indicates that all conditions to the merger are met, with the exception of obtaining the necessary regulatory approvals.

Key Highlights

1Verizon Communications (VZ) and FairPoint Communications have extended their merger agreement termination date.
2The new termination date is March 1, 2008, a 30-day extension from the original January 31, 2008 date.
3This extension is permitted under Section 9.1(b) of the Merger Agreement.
4The extension is granted because all conditions to the merger are satisfied, except for the receipt of required regulatory approvals.
5The merger involves Verizon's subsidiary, Northern New England Spinco Inc., merging with FairPoint Communications.
6The filing was made on January 31, 2008, with the event date being January 30, 2008.

VERIZON COMMUNICATIONS INC 8-K Report, Corporate Update (Feb 1, 2008)

Summary

Key Highlights

Frequently Asked Questions