3/30/12 Are Federal Regulators Blocking More M&A Deals?
From the minute it was announced in March 2011, AT&T Inc.'s $39 billion bid for T-Mobile USA Inc. was the biggest M&A deal of the year. It hung on to that status until the day in December when it fell apart amid opposition from antitrust regulators, leaving AT&T on the hook for a $4 billion breakup fee. During its nine-month life, the proposed merger of the nation's number two and number four cellular telephone carriers generated plenty of work.
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