AT&T Message Board - Msg: 9324725

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 24.27

-0.3%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: VICTORIA GATE, MD who wrote (2303)	5/4/1999 11:27:00 PM
From: VICTORIA GATE, MD	Read Replies (1) of 4298

Looks like a done deal... Tuesday May 4 10:21 PM ET AT&T To Acquire MediaOne for $54B NEW YORK (AP) - AT&T Corp. (NYSE:T - news) and Comcast Corp. (Nasdaq:CMCSA - news) reached a deal Tuesday night, paving the way for AT&T's $54 billion acquisition of MediaOne Group Inc. Under the agreement, the two companies will exchange various cable systems, resulting in the net addition of 750,000 subscribers for Comcast, the nation's No. 3 cable company. Because Comcast is obtaining more subscribers, it will pay AT&T up to $3.5 billion. The majority of the exchanges are subject to the completion of the AT&T-MediaOne merger.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next