FCC approves AT&T-BellSouth merge
By vnpk89
@vnpk89 (39)
Vietnam
December 31, 2006 11:30am CST
update The Federal Communications Commission approved the roughly $86 billion megamerger between AT&T and BellSouth on Friday, ending a partisan standoff.
The commission, which had been split between Democrats and Republicans for months on what--if any--conditions should be imposed on the merger, accepted conditions that AT&T had proposed in a formal letter sent to the commission on Thursday. The merger was approved by 4-0 vote.
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