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Technology Stocks : AUTOHOME, Inc
ATHM 23.24-0.9%1:39 PM EST
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To: David Harker who wrote (3649)12/30/1998 4:28:00 PM
From: E. Graphs  Read Replies (3) of 29970
 
Here's the story:

12/30 15:40 *U.S. JUSTICE DEPT CONDITIONALLY APPROVES AT&T<T.N>, TCI TCOMA.O> $48 BLN MERGER

WASHINGTON, Dec 30 (Reuters) - The U.S. Department of Justice on Wednesday said it has conditionally approved the $48 billion merger between AT&T Corp. <T.N> and Tele-Communications Inc. <TCOMA.O>, removing a key regulatory hurdle.

As part of the agreement, Tele-Communications must divest its 23.5 percent stake in Sprint PCS Group <PCS.N>, a mobile wireless telephone business, over the next five years.
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