Verizon: No Strike; Talks Continue With CWA, IBEW

Negotiations between Verizon (VZ) and unions representing 65,000 employees continued past the Saturday midnight contract expiration over the weekend, but union officials agreed not to call a strike while talks extended.

An update from the Communications Workers of America this morning said simply that “Negotiations are continuing today after ending about 2 a.m. this morning. Updates will be provided as developments warrant.”

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