“Both of these companies have a horrible track record on mergers. AT&T’s purchase of DirectTV and the AOL-TimeWarner merger destroyed more shareholder value than just about any other deals in history.”
True, but it seems like AT&T may have learned its lesson. They’re going back to what they were. With a 6% dividend may bot be a bad time to buy some.
at $30.00 a share Att might be a good buy now