AT&T acquired Straight Path for $1.6bn

Synopsis

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.

Principals

target

Straight Path Communications

bidder

At&t

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Market Context

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Seller Team (1)

stephen m. kotran

Partner at Sullivan & Cromwell

Lawyer

target

295

Deals

£ 875.93 B

Total Value

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