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acquistion

AT&T to pay T-Mobile $6 billion if feds reject acquisition

May 12th, 2011

AT&T will pay T-Mobile $3 billion in cash, a $1 billion roaming agreement, and $2 billion in spectrum if the Federal Communications Commission and the Department of Justice reject AT&T’s proposed $39 billion acquisition of T-Mobile. The agreement’s 15% breakup fee would shatter global records, Reuters said, noting that the 7.7% breakup cash agreement is …

HP beat out four companies in bid for Palm

May 17th, 2010

When the news officially broke that HP had put in a winning bid for Palm, it all seemed so simple. HP, a company that has long had its smartphone ambitions beset by poor hardware and execution, seemed to simply be the only company that was really intent on purchasing the troubled company based in Sunnyvale. …