Steve Mehs
11-04-02, 03:19 AM
The final determination for the other mega merger in the multichannel TV business could be just around the corner.
AT&T said last week it notified the New York Stock Exchange that, conditioned on its board of directors action, the record date for shareowners eligible to receive a special stock dividend reflecting the spin off of AT&T Broadband could be as early as Thursday, Nov. 7. The spin off, which could be effective as early as Friday, Nov. 8, would immediately precede the merger of AT&T Broadband with Comcast.
Once the deal is done, those shareholders will become shareholders of AT&T Comcast.
It's expected that the Federal Communications Commission is within days of announcing its approval of the AT&T Broadband/Comcast merger. The combination would create the nation's largest multichannel platform, with more than 22 million customers.
From SkyReport (http://www.skyreport.com/skyreport/nov2002/110402.shtm#three) (Used with Permission)
AT&T said last week it notified the New York Stock Exchange that, conditioned on its board of directors action, the record date for shareowners eligible to receive a special stock dividend reflecting the spin off of AT&T Broadband could be as early as Thursday, Nov. 7. The spin off, which could be effective as early as Friday, Nov. 8, would immediately precede the merger of AT&T Broadband with Comcast.
Once the deal is done, those shareholders will become shareholders of AT&T Comcast.
It's expected that the Federal Communications Commission is within days of announcing its approval of the AT&T Broadband/Comcast merger. The combination would create the nation's largest multichannel platform, with more than 22 million customers.
From SkyReport (http://www.skyreport.com/skyreport/nov2002/110402.shtm#three) (Used with Permission)