AT&T, T-Mobile Tie-Up Could Falter Under States' Review

Law360, New York (August 8, 2011, 7:44 PM EDT) -- At least nine states are reviewing AT&T Inc.'s controversial $39 billion proposed acquisition of T-Mobile USA Inc., and attorneys say that regardless of what the federal antitrust agencies decide, the states could seek to impose their own conditions on the deal, or try to block it altogether.

In order to consummate the transaction, AT&T needs approval from the U.S. Department of Justice and the Federal Communications Commission. But if state attorneys general uncover their own competitive concerns with the transaction — and disagree with the conclusions...
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