SBC to Buy AT&T for $16 Billion
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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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SBC Communications, the No. 2 U.S. telecommunications company, has agreed to pay &#36;400 million to Microsoft Corp. for software that can deliver television via high-speed data lines, The New York Times reported on Wednesday.
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SBC Communications Inc. , the second-largest U.S. regional phone company, is in talks to buy AT&T Corp.  for more than &#36;16 billion, The New York Times reported on Thursday, citing executives close to the negotiations.
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US phone company SBC says it expects to cut nearly 13,000 jobs following its $16bn takeover of AT&T.
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AT&amp;T Corp. may be a rapidly shrinking shell of its former self, but its blue-chip business customers and worldwide network still make it an enticing $16 billion takeover target for SBC Communications Inc. , consultants and industry analysts say.
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The boards of directors of SBC Communications Inc.  and AT&T Corp.  met on Sunday afternoon to vote on a more than &#36;15 billion stock deal in which SBC will acquire AT&T, according to a source familiar with the situation.
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US regulators are set to give Cingular Wireless final approval for its $41 billion purchase of AT&amp;T Wireless Services Inc. (AWE.
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Cingular Wireless, a joint venture between SBC Communications and BellSouth, has completed its previously announced acquisition of AT&amp;T Wireless Services, creating the largest wireless carrier in the US.
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The US Federal Communications Commission said on Tuesday it has conditionally approved Cingular Wireless&#39; $41 billion acquisition of AT&amp;T Wireless Services Inc.
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SBC Communications Inc. is in talks  to acquire AT&T Corp. for more than $15 billion to bolster its  business among large corporations, sources familiar with the  talks said on Thursday.
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Telecom giant Verizon Communications Inc. has reportedly floated an informal buyout offer for MCI Corp., the long distance telephone company that has been awash in takeover speculation in the wake of regional phone company SBC Communications Inc.'s $16 billion deal for AT&T Corp.
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SBC Communications Inc. expects to eliminate about 13,000 jobs after its $16 billion acquisition of AT&amp;T Corp. closes, but the phone company said yesterday that many positions can be cut through attrition.
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AT&T has agreed to purchase wireless carrier Dobson Communications Corp.  in a deal valued between $2.5 billion and $3 billion, the Wall Street Journal reported on its Web site on Friday.
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SBC sees opportunity in buying AT&T -- a company with declining growth.
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NEW YORK/WASHINGTON  - Sprint Corp. FON.N said  on Wednesday it would buy mobile telephone company Nextel  Communications Inc. NXTL.O for about $36 billion, creating a  U.S. wireless carrier with nearly 40 million subscribers.
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Two private equity consortiums are   bidding to buy chip maker Freescale Semiconductor Inc. FSL.N   for about $16 billion, sources familiar with the matter said on   Monday.
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SBC Communications Inc., the  second-largest U.S. regional phone company, is in talks to buy  former parent AT&T Corp. for $15 billion or more, The New York  Times and Wall Street Journal reported on Thursday.