Deals
AT&T Bid for Leap Wireless Seen Winning Regulatory Approval
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AT&T Inc.’s $1.2 billion deal to buy Leap Wireless International Inc. would probably win approval from U.S. regulators, who may demand the company give up airwaves where its holdings surpass federal benchmarks.
“This deal is probably achievable, but it will get looked at closely,” Allen Grunes, an antitrust lawyer with GeyerGorey LLP in Washington, said in an interview today.