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BellSouth, LLC (stylized as BELLSOUTH and formerly known as BellSouth Corporation) was an American telecommunications holding company based in Atlanta, Georgia.BellSouth was one of the seven original Regional Bell Operating Companies after the U.S. Department of Justice forced the American Telephone & Telegraph Company to divest itself of its regional telephone companies on January 1, 1984.
BellSouth Telecommunications was incorporated in 1983 as SBT&T Co. in Georgia in 1983, [1] as part of the breakup of the Bell System to absorb the original Southern Bell Telephone and Telegraph Company that was incorporated in New York in 1879. Southern Bell was merged into SBT&T Co. on December 31, 1983, and the merged company took the ...
In 1984, South Central Bell became a subsidiary of BellSouth Corporation as part of the breakup of the Bell System, effectively reuniting South Central Bell with Southern Bell. The two companies were officially reunited in 1992 when Southern Bell and South Central Bell became BellSouth Telecommunications. The two names were used, however, until ...
The free market dictates the price of every publicly traded company’s stock. All share prices exist at the intersection of what the seller is willing to accept and what the buyer is willing to pay.
In a reverse stock split, ... Similarly, you own the same $1,500 in dollar value that you had before the stock split. Most forward stock splits are 2-for-1 or 3-for-1, though sometimes you might ...
Southern Bell Telephone and Telegraph Company was a Bell Operating Company serving the Southeastern United States of Georgia, Florida, North Carolina, and South Carolina.It also previously covered the states of Alabama, Kentucky, Louisiana, Mississippi, and Tennessee until 1968 when those were split off to form South Central Bell.
Amazon has announced plans for a 20-to-1 stock split in May, if shareholders approve. ... The split increases the number of shares outstanding, but the company’s market value does not change ...
Due to discrepancies between the pricing of the "old" AT&T shares and the new "when-issued" shares, investors were able to make risk-free profits, most spectacularly Edward O. Thorp, who made $2.5 million in what was at the time the NYSE's largest (nominal) block trade. [25]