Deutsche Telekom says break-up fee is on even if AT&T deal fails

September 6, 2011 - Written By

Earlier today, we reported on a Reuters article suggesting that T-Mobile wouldn’t receive their settlement package if the the merger deal fell through. Deutsche Telekom has since responded to the Wall Street Journal. A Deutsche Telekom spokesman said that AT&T could “retreat from the transaction if the concessions necessary to get approval amount to more than .8 billion, but added, Deutsche Telekom would still be entitled to receive the break-up fee package.í¢€ So, Deutsche Telekom isní¢€™t indicating that the fee is in any danger should the deal not close, contrary to the prev…

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Deutsche Telekom says break-up fee is on even if AT&T deal fails
Jim Farmer – talkandroid.com