Deals
AT&T Stays in Dealmaking Mode Following Time Warner Merger
- Brookfield Infrastructure to buy some assets for $1.1 billion
- Carrier reportedly on hunt for AppNexus, Otter Media stake
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AT&T Inc. isn’t taking a break from deals in the wake of its blockbuster $85 billion acquisition of Time Warner Inc.
Just a week after the transaction closed, AT&T agreed to sell data-center operations to Brookfield Infrastructure for $1.1 billion on Thursday. And it’s reportedly on the hunt for other potential deals, setting its sights on AppNexus Inc. and preparing to acquire the portion of Otter Media that it doesn’t already own.