Date Published:
11/28/2011 The Federal Communications Commission (FCC) has indicated that it will hold a rare trial-like hearing on the acquisition. The move will add at least months to the government approval cycle, and the outcome is far from clear.
ATT has set aside $4B in last quarter of the year to cover costs arising from the failure of the deal (related to a breakup fees and other charges).
Risk Management Perspective:
Larger mergers and acquisitions are generally subject to scrutiny, but game changers are particularly vulnerable.
Industry Group:
Large Enterprises
Industry:
Telecommunications
Country:
United States
Risk Class:
Strategic
Risk Type:
Mergers/Acquisitions/Divestitures