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SBC to Acquire AT&T for Sixteen Billion Dollars
SBC Communications to buy AT&T Corp for 16 billion dollars creating a national phone powerhouse. The merger preserves the AT&T brand and expands SBC into long distance and business services while regulatory scrutiny looms into mid 2006.
MENTIONED IN THIS ARTICLE
SBC
At&t
New York
At&t Corp
SBC Communications Inc
Ma Bell
U.S
Verizon Communications Inc
BellSouth Corp
MCI Corp
Verizon
Bedminster
N.J
MCI
Southwestern Bell Communications
Edward E. Whitacre Jr