It will keep prices at their current low level. It will hire more people, lots more. It will sell a significant chunk of T-Mobile’s stock. If it has to, it will go to court. AT&T, in short, appears ready to jump over whatever hurdles the DoJ places before it to win its prize: the acquisition of T-Mobile. The company was apparently caught completely off guard by the blow DoJ dealt to its proposed $39 billion merger with T-Mobile this week. The department filed a lawsuit to block AT&T from acquiring T-Mobile, claiming that such a merger would violate antitrust regulations.
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AT&T May Have to Break Out Its Dancing Shoes
Posted by: Erika Morphy September 2, 2011 02:53 PMIt will keep prices at their current low level. It will hire more people, lots more. It will sell a significant chunk of T-Mobile’s stock. If it has to, it will go to court. AT&T, in short, appears ready to jump over whatever hurdles the DoJ places before it to win its prize: the acquisition of T-Mobile. The company was apparently caught completely off guard by the blow DoJ dealt to its proposed $39 billion merger with T-Mobile this week. The department filed a lawsuit to block AT&T from acquiring T-Mobile, claiming that such a merger would violate antitrust regulations.