AT&T plans to sell up to $3 billion of AT&T Wireless stock after ...
AT&T plans to sell up to $3 billion of AT&T Wireless stock after mobile unit splits off from parent company later this year. Action depends on favorable tax ruling from IRS and is intended to further reduce debt of…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
parent company, AT&T said. AT&T has planned to distribute its interest in AT&T Wireless to AT&T common shareholders following spinoff. Exchange offer of AT&T Wireless tracking stock for AT&T common stock has been delayed by about one month until early April. AT&T Wireless shares dropped 5.7% Wed. to $21.69.