Subject category:
Finance, Accounting and Control
Published by:
Harvard Business Publishing
Version: 16 February 1984
Length: 16 pages
Data source: Published sources
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Abstract
Describes the financing problems facing AT&T in 1983 prior to divestiture of the local telephone operating companies on Jan 1, 1984. Leads up to the decision to issue equity, which AT&T did in early 1983 and which reduced AT&T's market value by USD2 billion. The case is intended to illustrate the signalling process involved.
Location:
Industry:
Size:
USD100 billion assets
Other setting(s):
1981-1983
About
Abstract
Describes the financing problems facing AT&T in 1983 prior to divestiture of the local telephone operating companies on Jan 1, 1984. Leads up to the decision to issue equity, which AT&T did in early 1983 and which reduced AT&T's market value by USD2 billion. The case is intended to illustrate the signalling process involved.
Settings
Location:
Industry:
Size:
USD100 billion assets
Other setting(s):
1981-1983