AT&T Wireless Bidding Begins
Jan 28, 2004, 11:49 AM by (staff)
Two new announcements yesterday set the stage for a formal bid process for the sale of AT&T Wireless. Early in the day, NTT DoCoMo waived its right to be consulted on merger talks. The right is part of the terms of DoCoMo's 16-percent stake in the company; waiving it allows DoCoMo to participate as a bidder. Later in the day, AT&T Wireless announced a February 13th dealine for interested parties to submit formal bids to buy the company.
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