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AT&T stockholders back company in antitrust battle
Thousands of AT&T owners gathered at the Anaheim Convention Center to endorse the company's leadership and reject calls to break up Western Electric. Board chair John deButts described solid earnings and predicted a gradual economic upturn while defending the company against the Justice Department suit and noting a limited internal investigation into minor misconduct and alleged political influence by subsidiaries.
MENTIONED IN THIS ARTICLE
Ma Bell
Anaheim Convention Center
Disneyland
Wilma Loss
New York
At&t
Justice Department
Western Electric
Loss
Bell System
John deButts
Soss
Bell
DeButts