Deals
AT&T Agrees to Delay With T-Mobile Deal Possibly Near Death
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AT&T Inc. may have fended off failure temporarily for its proposed $39 billion purchase of T-Mobile USA Inc. after a federal judge agreed to put on hold a government challenge to the biggest merger announced this year.
U.S. District Judge Ellen Segal Huvelle in Washington yesterday granted a request from both sides to delay the antitrust case, which was scheduled for trial Feb. 13. AT&T has until Jan. 12 to file a report with the court explaining whether it still plans to try to buy T-Mobile, Huvelle said.