The age of the universe is 13.75 billion years
In the beginning, the corporation was created, filled a need of the people,
made a profit, distributed dividends to it's stockholders,
and the Board of Directors saw that it was good.
Something has since changed.
Here is a
$39 BILLION merger that's in the works:
Wall Street Journal
Nov 25, 2011
UPDATE: AT&T Disputes FCC's Authority To Deny Merger Withdrawal
Quote:
FCC officials said Thursday their options included granting the withdrawal with prejudice,
which means AT&T couldn't reapply later, or denying it outright,
which would allow the FCC to move forward with plans to vote on the hearing.
AT&T also said Thursday it will take a charge in this year's final quarter for $4 billion,
a sum it may owe T-Mobile parent Deutsche Telekom AG (DTEGY, DTE.XE) if the merger fails to go through.
That works out to $3 billion in breakup fees and $1 billion in estimated book spectrum value.
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ATT covers the entire US
Deutsche Telekom AG covers Europe
.