AT&T to Acquire T-Mobile USA in $39 Billion Deal
March 20, 2011 at 15:48 PM EDT
AT&T, Inc. (T) said Sunday that it will pay $39 billion in cash-and-stock to acquire Deutsche Telekom’s T-Mobile USA. The deal, which would create a new industry giant by combining two of the four largest U.S. wireless carriers, includes a cash payment of $25 billion with the remainder to be covered with AT&T common stock. [...]