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divestitures

AT&T could sell $8 billion in assets in bid to win merger approval

August 12th, 2011

AT&T has hired Bank of America’s Merrill Lynch to advise it on the sale of as much as $8 billion in assets in an effort to gain the government’s approval of its planned T-Mobile acquisition. According to The Wall Street Journal, AT&T will try to sell off its network assets in an attempt water down …