AT&T and Deutsche Telekom have entered into a definitive agreement for the sale of T-Mobile USA for $39 billion in cash and stocks.
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The German company will be getting $25 billion in cash and $14 billion in stock, giving it an 8 percent stake in AT&T when all is said and done.
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In the event of the deal failing to receive regulatory approval, AT&T will be on the hook for $3 billion to T-Mobile -- a breakup fee, they call it --
along with transferring over some AWS spectrum it doesn't need for its LTE rollout, and granting T-Mo a roaming agreement at a value agreeable to both parties.
Don't know what "fascist" exactly is in this "economics" but itWhat you are seeing is "Fascist Economics" in action. Fascist economics,unlike capitalism & socialism/communism,is where private ownership is allowed under strict government regulation....
Don't know what "fascist" exactly is in this "economics" but it
certainly has nothing to do with how the economy was run in Italy and Germany in the 30s...
"Strict government regulation" would probably make it more akin "Chinese capitalism".
And that might be not such a bad idea considering China owns a sizable chunk
of the US economy while its capitalism is hardly a decade old...
Diogen.