AT&T could sell 25% of T-Mobile to sway feds in favor of acquisition

AT&T is prepared to make sacrifices in an effort to sway the U.S. Department of Justice and the Federal Communications Commission in favor of its planned $39 billion acquisition of T-Mobile, Reuters reported on Friday. On August 31st, the U.S. Department of Justice filed a lawsuit against AT&T in attempt to block the merger, a move that is said to have caught both AT&T and T-Mobile USA's owner, Deutsche Telekom, off-guard.

Boy Genius Report, AT&T could sell 25% of T-Mobile to sway feds in favor of acquisition