Newspaper wrap-up: AT&T may be pursuing expensive acquisition
Posted Oct 24th 2007 8:40AM by Eric Buscemi
Filed under: Newspapers, Magazines, Google (GOOG), AT and T (T), Merrill Lynch (MER), Verizon Communications (VZ)
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MAJOR PAPERS:
OTHER PAPERS:
- The New York Times reported that Merrill Lynch (NYSE: MER) reported another $2.9B in write-downs today.
- Google (NASDAQ: GOOG) is expected to announce a partnership today with the Nielsen company for measuring how many people are viewing TV ads on a second-by-second basis, reported the New York Times.
- Carlos Ghosn, head of Nissan Motor Co (NASDAQ: NSANY) and Renault, continues to be interested in a partnership with a U.S. automaker, but says he 's not now speaking with anyone, reported the Associated Press.
Tags: ap, associated press, AssociatedPress, new york times, newspaper, NewYorkTimes, ny times, NyTimes, paper, periodical, wall street journal, WallStreetJournal, wsj
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Reader Comments (Page 1 of 1)
10-24-2007 @ 8:52AM
B. Finn said...
Would those costs of the ATT-Echostar/ATT-DirecTV outweigh the benefits of a takeover? ATT definitely has some ties to either company that it can take advantage of: http://www.newsvisual.com/newsvisual/2007/10/common-ties-cou.html . Apparently in either scenario ATT is pretty connected- any thoughts as to whether it can lower some of those costs based on the relationships mentioned?