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Tuesday, March 29, 2011

NY AG to review AT&T purchase of T-Mobile, (NYSE: T)

New York state's attorney general said he is reviewing a proposed acquisition of Deutsche Telekom AG's (DTEGn.DE) T-Mobile by AT&T Inc (T.N) for possible anti-competitive impacts on consumers and businesses. In a statement, Attorney General Eric Schneiderman said he will "closely scrutinize" AT&T's argument about the benefits of the purchase and weigh that against anti-competitive risks. (Reporting by Dena Aubin, editing by Maureen Bavdek)

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