This wasn't available in the releases notes but Apple pushes out a system software update that brings the verizon IPhone 4 to IOS 4.2.7. Currently unaware of what the changelog is. I recommend not updating until it is found out.
If you still wish to download the link is here for you.
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Apple Releases IOS 4.2.7 for Verizon IPhone 4: Jailbreakers and Unlockers Stay Away
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