AT&T’S NEXT BUYOUT CANDIDATE $T $LEAP $AAPL $TDS $USM $VZ $S $TMUS $DISH $DTV
Please click here for the chart.
After the market close on Friday, AT&T kicked off the next wave of consolidation in wireless by offering to buy Leap Wireless for $1.19 billion. But will they stop there? First, let’s take a look at this deal.
The chart linked below compares performance year to date of the two telecommunication stocks.
The total value of the Leap LEAP deal is about $4 billion when assumption of debt is taken into account. AT&T T will pay $15 per share in cash for each Leap share, this represents about an 88% premium over Leap’s closing price of $7.98.… Please click here or the title below to read more.
July 15, 2013