Rumor Mill
Cingular & AT&T???
when is this going in front of stockholders?
and when is this going to the FCC?
and when is this going to the FCC?
...
it's already approved. stocks will be bought back at 15.00 a share. fcc is ok to go. stockholders voted to give a bunch to charity, rather than reward the hard working employees who put up with all this mess. đź‘ż
...
Well, that's just rich schmuck republicans for you. They'll give to charity for a nice tax break, but screw the rest of you guys (and gals) that made them rich in the first place.
...
not to get into a political debate, but do you honestly think that the wealthy democrates wouldn't do the same.
sure..........
sure..........
...
I was told that the share holders meeting was pushed back to May from the original Jan date due to the merger talks, when at that point they will decide to sell the company or not. I don't know why they wouldn't considering the high premium they would be getting for their shares, but I work for AWS & this is the info I have been given. Who told you it was approoved by the way? It still has to go through the Justice dept & the FCC for approval after the shareholders decide what they will.
...
leaps19 said:
It still has to go through the Justice dept & the FCC for approval after the shareholders decide what they will.
Challenges to Cingular/AWS merger due May 3
by Jeffrey Silva
April 14, 2004 4:53 PM EST
WASHINGTON—The Federal Communications Commission set a May 3 deadline for challenges to Cingular Wireless L.L.C.’s $41 billion bid for AT&T Wireless Services Inc., a deal the two mobile-phone carriers want to wrap up by the end of the year.
Both the FCC and Justice Department are reviewing the proposed merger, which if approved, would enable Cingular Wireless—jointly owned by SBC Communications Inc. (60 percent) and BellSouth Corp. (40 percent)—to surpass Verizon Wireless as the nation’s ...
(continues)
...
