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Is this acquisition from cash that AT&T hand or would they go to a bank and work with them for capital?
by icpmacdo 12y ago
Is this acquisition from cash that AT&T hand or would they go to a bank and work with them for capital?
- cshenoy 12y ago$28.50 of the $95/share is cash while the rest is AT&T stock. From the PR release[0], "AT&T intends to finance the cash portion of the transaction through a combination of cash on hand, sale of non-core assets, committed financing facilities and opportunistic debt market transactions." [0]: http://about.att.com/story/att_to_acquire_directv.html http://about.att.com/story/att_to_acquire_directv.html