Tuesday, February 21, 2017

On “Nearly Unprecedented” M&A Run, AT&T Flirts with T-Mobile Acquisition

AT&T recently acquired television provider DirecTV for $49 billion, offered $85 billion for Time Warner and is floating the idea of buying out competitor T-Mobile—which would come at an estimated $70 billion price tag, reports 24/7 Wall Street.

AT&T attempted to buy T-Mobile in 2011, but the potentially $39 billion deal fell through. Buyout talks have been reignited due to Softbank, Sprint’s majority shareholders’ interest in a potential transaction with Deutsche Telekom, which is controlled by T-Mobile. Continue Reading

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