AT&T (T) Held Talks to Acquire Leap Wireless (LEAP)
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Shares of Leap Wireless International Inc. (Nasdaq: LEAP) are indicated to open higher Friday following reports from Reuters, AT&T (NYSE: T) held talks to buy the company recently.
Leap hired bankers for advice on the potential hook-up, the report said.
The news follows recent reports that T-Mobile USA was in talks with MetroPCS (NYSE: PCS).
In December 2011, AT&T ended its bid for T-Mobile USA after antitrust concerns.
Leap hired bankers for advice on the potential hook-up, the report said.
The news follows recent reports that T-Mobile USA was in talks with MetroPCS (NYSE: PCS).
In December 2011, AT&T ended its bid for T-Mobile USA after antitrust concerns.
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