AT&T acquired Straight Path for $1.6bn

Financials

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Transaction Value-

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bidder

At&t

target

Straight Path Communications

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Pending

mobile wireless spectrum

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Acquisition

Public

Merger

United States

Telecommunications Services: Other

Single Bidder

Synopsis

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Straight Path Communications reached a definitive agreement in its definitive merger with AT&T whereby AT&T will acquire Straight Path in a transaction valued at approximately $1.6bn.

AT&T acquired Straight Path for $1.6bn

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