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SBC Finalizes Acquisition of AT&T

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SBC Finalizes Acquisition of AT&T

Business

SBC Finalizes Acquisition of AT&T

SBC Finalizes Acquisition of AT&T

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  • <iframe src="https://www.npr.org/player/embed/4472839/4472840" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

San Antonio-based SBC finalizes a deal to acquire its former parent company AT&T in a deal valued at $16 billion in stock and cash. The companies have not said what will become of the AT&T name, but acknowledged its value as a brand.

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