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Dobson Communications: Shares
built 648 days ago
As per the merger deal, Dobson stockholders are going to receive $13.00 per share. AT&T is ... expected to divest Dobson operations in four primarily rural areas, one in western Oklahoma, one in Texas and two in Kentucky.
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As previously announced, under terms of the agreement, Dobson stockholders will receive $13.00 per share. In the coming days, AT&T's transfer agent will contact Dobson shareholders to provide instructions for completing the cash-for-stock exchange.
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On June 29, 2007 AT&T announced that they had reached an agreement to purchase Dobson Cellular division. The closing price is $2.8B USD or $13 per share, AT&T ... agreed to assume the outstanding debt of $2.3B USD.
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