AT&T Reaches Deal With Activist Investor To Sell Assets And Restructure Management [telecom]

By Sergei Klebnikov

Facing pressure from an activist hedge fund investor, AT&T said on Monday that in addition to adding new board members, the company would divest up to $10 billion of assets in 2020 as it looks to reduce its large debt pile.

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Posted 5 years ago by Bill Horne in General Telecommunications Forum

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