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Technology Stocks : AT&T
T 24.15-0.5%Dec 19 9:30 AM EST

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To: Ben Beale who wrote (1947)2/17/1999 9:53:00 AM
From: Ian@SI  Read Replies (1) of 4298
 
February 17, 1999


Dow Jones Newswires
AT&T Holders Approve TCI Merger
Dow Jones Newswires

NEW YORK -- AT&T Corp. (T) shareholders approved the company's merger with Tele-Communications Inc. (TCOMA).

As reported, AT&T agreed to acquire TCI last June, and the Justice Department approved the $48 billion merger on Dec. 30. The Federal Communications Commission is currently reviewing the deal.

In a press release Wednesday, AT&T said about 99% of the shares that were voted approved the merger, and more than 72% of the shares outstanding were in favor of the transaction.

TCI shareholders are scheduled to vote on the merger later today.

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