| ActiveMac | Anonymous | Create a User | Reviews | News | Forums | Advertise |
|
|
|
User Controls |
|
New User |
|
Login |
|
Edit/View My Profile |
|
|
|
|
|
|
|
ActiveMac |
|
Articles |
|
Forums |
|
Links |
|
News |
|
News Search |
|
Reviews |
|
|
|
|
|
|
|
News Centers |
|
Windows/Microsoft |
|
DVD |
|
ActiveHardware |
|
Xbox |
|
MaINTosh |
|
News Search |
|
|
|
|
|
|
|
ANet Chats |
|
The Lobby |
|
Special Events Room |
|
Developer's Lounge |
|
XBox Chat |
|
|
|
|
|
|
|
FAQ's |
|
Windows 98/98 SE |
|
Windows 2000 |
|
Windows Me |
|
Windows "Whistler" XP |
|
Windows CE |
|
Internet Explorer 6 |
|
Internet Explorer 5 |
|
Xbox |
|
DirectX |
|
DVD's |
|
|
|
|
|
|
|
TopTechTips |
|
Registry Tips |
|
Windows 95/98 |
|
Windows 2000 |
|
Internet Explorer 4 |
|
Internet Explorer 5 |
|
Windows NT Tips |
|
Program Tips |
|
Easter Eggs |
|
Hardware |
|
DVD |
|
|
|
|
|
|
|
Latest Reviews |
|
Applications |
|
Microsoft Windows XP Professional |
|
Norton SystemWorks 2002 |
|
|
|
Hardware |
|
Intel Personal Audio Player 3000 |
|
Microsoft Wireless IntelliMouse Explorer |
|
|
|
|
|
|
|
Site News/Info |
|
About This Site |
|
Affiliates |
|
ANet Forums |
|
Contact Us |
|
Default Home Page |
|
Link To Us |
|
Links |
|
Member Pages |
|
Site Search |
|
Awards |
|
|
|
|
|
|
|
Credits |
 |
AT&T Selects Comcast For Cable Unit | |
|
||
| Time: 06:23 EST/11:23 GMT | News Source: MSNBC | Posted By: Julien Jay | ||
|
AT&T Corp. struck a deal to merge its cable-TV business with Comcast Corp., creating an unprecedented cable behemoth with more than 20 million customers and capping a five-month auction that elicited bids from some of the nation’s media and cable titans. In the transaction, which AT&T says values the AT&T Broadband unit at $72 billion, AT&T investors will receive one-third of a share of the combined company for each AT&T share they own. Comcast shareholders will get one share for each share they own in Comcast. As a result, AT&T holders will own a 66% voting stake in the new company, which will be called AT&T Comcast Corp. The combined group will assume $20 billion in debts and $5 billion in convertible securities held by Microsoft. Microsoft plans to convert that stock into 115 million shares of AT&T Comcast. (MSNBC is a Microsoft - NBC joint venture.) | ||
|
Write Comment
Return to News |
Displaying 651 through 654 of 654 Prev | First |
The time now is
5:59:49 AM
ET.
Any comment problems? E-mail us |
|
Write Comment
Return to News |
Displaying 651 through 654 of 654 Prev | First |
The time now is
5:59:49 AM
ET.
Any comment problems? E-mail us |
