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AT&T said it would take a $4 billion charge in case its takeover of T-Mobile USA fails, a tacit recognition of the dwindling chances that the deal will get through U.S. regulators who say it would destroy jobs and curb competition.
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Espirito Santo analysts said AT&T's decision to take the $4 billion charge this quarter showed that the company's own assessment of the chances of success had fallen.
"It tells us something about timing too - suggesting that AT&T may decide to walk away at the first opportunity (March 20, 2012) rather than waiting for the ultimate September 20, 2012 deadline," they wrote in a note to clients.
"It tells us something about timing too - suggesting that AT&T may decide to walk away at the first opportunity (March 20, 2012) rather than waiting for the ultimate September 20, 2012 deadline," they wrote in a note to clients.
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FPS King
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FPS King
(18 items) |
