AT&T: Beware Of Another Deal

10/24/16

Despite still being in the process of integrating the DirecTV deal, AT&T (NYSE:T) has already reached terms on a deal with Time Warner (NYSE:TWX). The deal is troubling considering some of the benefits from the last deal aren't working out as predicted.

Source: AT&T presentation

The stock has already taken a sizable hit as competitive threats in wireless remain an issue and AT&T probably rallied too far from $30 to $43 this year. The stock took some hits due to the Time Warner buyout rumors as well making the dividend yield above 5% potentially attractive.

READ FULL ARTICLE HERE

It's on us. Share your news here.

Submit your stories and articles to citybizlist today.