Winners and losers if AT&T/T-Mobile deal is killed
AT&T's proposed deal for T-Mobile is on shaky ground.
Even though the Justice Department has sued to block the AT&T/T-Mobile merger, the proposed deal is by no means dead. AT&T has vowed to vigorously fight the suit, stating that the “DOJ has the burden of proving alleged anti-competitive affects.”
BTIG Research analyst Walter Piecyk notes that Oracle was successful in 2004 in fighting the Justice Department’s attempt to block the software giant’s acquisition of PeopleSoft.
Still, the AT&T/T-Mobile merger is clearly on shaky ground, and here are some of the winners and losers if it is ultimately killed. Read more…