Money Matters - Simplified

DOJ

AT&T to offer to sell up to 40 percent of T-Mobile -- Bloomberg

AT&T Inc. (NYSE:T) is planning to offer to divest a large chunk of T-Mobile USA to gain clearance from the Department of Justice (DOJ) for its takeover, Bloomberg reported citing a person familiar with the plan.

AT&T withdraws merger application, to take $4 billion charge

AT&T Inc. (NYSE:T) and Deutsche Telekom AG, the parent of T-Mobile, have withdrawn their applications with the Federal Communications Commission (FCC) after the agency's chairman moved to thwart AT&T's acquisition of T-Mobile USA.

Is the AT&T/T-Mobile deal in danger?

The chairman of the Federal Communications Commission (FCC), Julius Genachowski took steps Tuesday to thwart AT&T's proposed $39 billion takeover of T-Mobile USA.