Aunc.1672
net.general
utzoo!decvax!duke!unc!smb
Fri Jan 8 13:07:59 1982
AT&T settles with Government
AT&T and the U.S. government have settled their seven-year-old anti-trust
suit out of court. Under the terms of the settlement, AT&T will divest
itself of the local operating companies; it will retain AT&T Long Lines
(the long distance service), Western Electric, and Bell Labs. The
reorganization will be completed within 18 months.
In the meantime, trading in IBM stock has been suspended pending a
3pm meeting in U.S. District Court. Sources say that a major announce-
ment is pending, but no one will disclose just what it is.
-----------------------------------------------------------------
gopher://quux.org/ conversion by John Goerzen <
[email protected]>
of
http://communication.ucsd.edu/A-News/
This Usenet Oldnews Archive
article may be copied and distributed freely, provided:
1. There is no money collected for the text(s) of the articles.
2. The following notice remains appended to each copy:
The Usenet Oldnews Archive: Compilation Copyright (C) 1981, 1996
Bruce Jones, Henry Spencer, David Wiseman.
