Judge OK's DOJ Approval Of Telecom Mergers
The settlements with the DOJ allowed SBC Communications to buy AT&T Corp. and Verizon Communications to buy MCI Inc. In both deals, the DOJ forced the companies to sell off certain overlapping assets when it filed complaints against them in 2005.
In October 2005, the DOJ approved the mergers without recommending any major...
To view the full article, register now.