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The new AT&T Inc. lacks the vertical integration that characterized the historic AT&T Corporation and led to the Department of Justice antitrust suit. [23] AT&T Inc. announced it would not switch back to the Bell logo, [24] thus ending corporate use of the Bell logo by the Baby Bells, with the lone exception of Verizon.
AT&T acquired TCI in a $48 billion all-stock transaction including the assumption of $16 billion of debt. AT&T acquired MediaOne for $54 billion in cash and stock, after a bidding war with Comcast. In 1998, the company took over Teleport Communications Group, a company founded in 1985 to compete with New York Telephone Company using fiber ...
AT&T) and settled in the Modification of Final Judgment on January 8, 1982. AT&T agreed to divest its local exchange service operating companies, effective January 1, 1984. The group of local operating companies were split into seven independent Regional Bell Operating Companies, which became known as the Baby Bells. [1]
AT&T's stock price has not shown significant appreciation over the past 20 years. ... The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002*. See the 10 stocks ...
Stock splits often result in a bump in the stock’s price, simply because more investors are interested in the stock at the new price than were interested at the old price.
The study, which examined stock splits since 1980, found that stocks that were split beat the S&P 500 during the 12 months that followed the split. This was true in each of the last four decades ...
AT&T announced in 1995 that it would split into three companies: a manufacturing/R&D company, a computer company, and a services company. NCR, Bell Labs and AT&T Technologies were to be spun off by 1997. In preparation for its spin-off, AT&T Technologies was renamed Lucent Technologies. Lucent was completely spun off from AT&T in 1996.
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