AT&T soars on SBC takeover talk
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Shares in US phone giant AT&T leap after reports that one of its spin-offs is preparing to take it over.
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SBC Communications Inc. SBC.N on  Monday said it would buy AT&T Corp. T.N for about $16  billion, making SBC the largest U.S. telecommunications company  and ending AT&T's independence after suffering a two-decade  decline after losing its U.S. monopoly.
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Top U.S. phone company AT&T Inc.  on Tuesday said its profit and revenue rose, helped by strong growth in its wireless business and its acquisition of BellSouth.
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Shares in Barclays  surged over 4 percent toward their record high on Thursday as traders said talk returned that Spanish or U.S. banks were casting an acquisitive eye on Britain's third-biggest bank.
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American business tycoon Malcolm Glazer has launched another Â£17million raid on Manchester United on Monday. Glazer, who on Friday splashed out Â£45million to take his stake in the Old Trafford club to 25.
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Shares of Sprint Corp. and Nextel Communications Inc. jumped yesterday following reports the two telephone companies were discussing a merger.
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SBC Communications Inc. SBC.N, the  second-largest U.S. regional phone company, is in talks to buy  AT&T Corp. T.N for more than $16 billion, The New York Times  reported on Thursday, citing executives close to the  negotiations.
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NEW YORK, 04:00 AM EST - Just seven weeks after Cingular bought AT&amp;T Wireless Services Inc. to form the No. 1 US carrier, the mergermania is continuing.
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SBC Communications Inc. SBC.N said  on Monday it would buy AT&T Corp. T.N for about $16 billion,  making SBC the largest U.S. telecommunications company and  ending the independence of the world's best known telephone  company.
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AT&amp;T Corp. gets taken over by its former Baby Bell spinoff, SBC Communications Inc. Gillette Co. is devoured by consumer products giant Procter &amp; Gamble Co.
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Malcolm Glazer has launched his third Stock Market raid in as many days to take his stake in Manchester United to 28.11%. The American business tycoon has spent another Â£3.
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NEW YORK/PHILADELPHIA  - SBC Communications Inc.  said Monday it will buy AT&T Corp. for about $16 billion,  aiming to bolster its services for large corporations and end  "Ma Bell's" independence.
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Shares of Sprint Nextel Corp   rose over 3.5 percent on Friday as investors reacted to market  speculation the No. 3 U.S. mobile service could be sold to  Britain&#39;s BT Group , but analysts were skeptical.
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AT&T, the nation's biggest long-distance carrier, said that its profit jumped a better-than-expected 84 percent in the fourth quarter as it cut costs.
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SBC Communications Inc. (SBC.N: Quote, Profile, Research) filed on Monday to sell up to $15.5 billion of debt and stock, mainly to fund the purchase of AT&amp;T Wireless Services
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Standard &amp; Poor&#39;s on Wednesday raised its ratings on AT&amp;T Wireless Services following its acquisition by Cingular Wireless, a joint venture of SBC Communications Inc.
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SBC is banking on AT&T being deadly serious about keeping its costs down, but some analysts are skeptical.