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Monday, March 6th, 2006, 8:12 am

AT&T Devour BellSouth

Telephone

A major takeover was announced last night, which is difficult to ignore.

AT&T said Sunday it will acquire fellow phone company BellSouth in a stock deal worth $67 billion, creating a telecommunications giant that dwarfs its nearest competitor, Verizon Communications.

Related, Older items

Other takeovers and acquisitions: Adobe-Macromedia, eBay-Skype.

Recent partnerships, mended or broken: Google joins forced with AOL whereas Microsoft drifts away from NBC.

This entry was posted on Monday, March 6th, 2006 at 8:12 am and is filed under Industry. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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