AT&T Stakes $3B On Antitrust Clearance Of T-Mobile Buy

Law360, New York (March 21, 2011, 6:22 PM EDT) -- AT&T Inc.'s planned $39 billion acquisition of T-Mobile USA Inc. will be far from a regulatory slam dunk, experts said Monday, but company executives' willingness to forfeit $3 billion if the deal breaks up suggests confidence that they can overcome whatever is thrown at them.

Late Sunday, Dallas-based AT&T revealed plans to pay $25 billion in cash, with the balance to be paid using AT&T common stock, to Deutsche Telekom AG for T-Mobile USA's 33.7 million customers in a deal that would vault it ahead of...
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