AT&T To Pay $340M To Settle Claims For Bankrupt Broadband Company
Cable company Comcast Corp., which bought AT&T's broadband operations in 2003, will reimburse AT&T for half of the settlement amount as set forth in its purchase agreement, the companies said.
AT&T will pay the funds to the Bondholders' Liquidating Trust, which is pursuing claims on behalf of the At Home estate.
AT&T said the...
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