Firm noted for representation of BellSouth Corp. in its joint acquisition with SBC Communications Inc. of AT&T Wireless Services, Inc., <i>The New York Times</i>,

Firm noted for representation of BellSouth Corp. in its joint acquisition with SBC Communications Inc. of AT&T Wireless Services, Inc., The New York Times, "Mobile Merger: The Overview; $41 Billion Offer by Cingular wins AT&T Wireless"

In the February 18th New York Times, the article entitled "Mobile Merger: The Overview; $41 Billion Offer by Cingular wins AT&T Wireless" noted that "[o]ne of the most frantic takeover battles in recent times ended in the early hours of yesterday morning as a legion of bankers and lawyers for Cingular Wireless scurried on foot through the near-empty streets of Midtown Manhattan to hand-deliver a $41 billion bid that snatched AT&T Wireless from the hands of Cingular's rival. The victory by Cingular over Vodafone of Britain - whose executives went to sleep in London after believing they had won the contest - will reshape the cutthroat wireless phone business in the United States....The acquisition will make Cingular, a joint venture of SBC Communications and BellSouth, the biggest wireless company in the nation, with 46 million customers....The combined Cingular-AT&T Wireless, which will take the Cingular name, will have wireless networks that cover 49 states and will have annual revenue of more than $32 billion....BellSouth was represented by Citigroup and the law firm of Fried, Frank, Harris, Shriver & Jacobson [LLP]. [Partners Arthur Fleischer, Jr., Philip Richter and Jonathan Adler represented BellSouth in this transaction.]

news-detail.inc