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jester121
Premium
join:2003-08-09
Lake Zurich, IL
Reviews:
·voip.ms

reply to funchords

Re: Verizon DSL vs Verizon FIOS

It wasn't a merger OR a spin-off, but rather a combination of the 2. In your own quote Rob,

Under the terms of the previously announced transaction, AT&T has spun off
AT&T Broadband and combined it with Comcast. As a result, AT&T
shareholders are entitled to receive 0.3235 shares of the new Comcast
Corporation Class A common stock in respect of each share of AT&T common
stock they owned at the close of business on Friday, November 15, 2002, the
record date for the spin-off, and will continue to hold their shares of AT&T
common stock.

Sammer

join:2005-12-22
Canonsburg, PA

Whatever, it was a very good deal for Comcast and mostly an attempt to cut losses by AT&T.



funchords
Hello
Premium,MVM
join:2001-03-11
Yarmouth Port, MA
kudos:5

reply to jester121

said by jester121:

It wasn't a merger OR a spin-off, but rather a combination of the 2. In your own quote Rob,
Thanks, yes, that's valid.

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