AT&T Message Board - Msg: 12888973

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : AT&T

T 25.67

+1.9%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Walcalla who wrote (3279)	2/16/2000 1:56:00 PM
From: Raptech	Read Replies (1) of 4298

It appears that T will slow down closing the Media One cable deal despite anticipated regulatory approval in April. The original deal was pegged to a T share price of $57 so if the closing was at current market share price T would have to come up with the difference in cash, about 3.7 billion today. The strategy would be that the tracking stock introduction will enhance T market value while the cable deal closing would be delayed until summer. Rap

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next