AT&T told SEC in filing Tues. that company had held ‘exploratory ...
AT&T told SEC in filing Tues. that company had held “exploratory discussions” with Dobson Communications on potential transactions. Last week, AT&T Wireless finalized purchase of $200 million of preferred stock in Dobson. If that series of preferred stock were…
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
exchanged into convertible preferred, AT&T Wireless said its stake in Dobson would rise to 11.6% from 4.6%. Dobson and AT&T have evaluated “strategic alternatives” concerning AT&T Wireless’s stake in Dobson, SEC filing said. Among potential options outlined were loans that would be secured with some of Class A shares of common stock that AT&T owns. Another option would be acquisition, merger or asset sale, companies said. Dobson subsidiary won 14 PCS licenses for $546 million in recently completed FCC C-block auction.