U.S. Seeks to Block AT&T (T) Takeover of T-Mobile USA
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Shares of AT&T, Inc. (NYSE: T) fell Wednesday after the Department of Justice sought to block the company's takeover of T-Mobile USA.
Sprint (NYSE: S), which would be hurt by the merger and has been pushing the government to block it, has seen its shares rise on the news.
AT&T is down 3 percent. Sprint is up 7 percent.
Sprint (NYSE: S), which would be hurt by the merger and has been pushing the government to block it, has seen its shares rise on the news.
AT&T is down 3 percent. Sprint is up 7 percent.
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