M & A wrap: How will AT&T respond?
AT&T is expected to soon present a proposed solution to antitrust regulators to salvage its planned $39 billion acquisition of smaller rival T-Mobile USA, according to people close to the matter. The company misread the Justice Department’s signals on the T-Mobile deal, reports Bloomberg.
AT&T is overlooking its best argument for the T-Mobile merger, reports Fortune.
August was a rotten month for stocks and it wasn’t much kinder to some of the world’s most successful hedge fund managers, early returns show.
AIG’s airplane leasing arm filed for an initial public offering, the last big asset sale by the bailed-out insurance giant to pay back the U.S. government.
“Groupon’s initial public offering is about to hit some very rough turbulence,” writes NYT’s Steven M. Davidoff.