Click here for the AT&T/BellSouth Merger Agreement. Below are a few tidbits:
- AT&T agrees to keep Cingular’s headquarters in Atlanta, Georgia for at least five years post-closing.
- AT&T would be entitled to a bust-up fee of $1.7 billion if BellSouth withdraws for a better deal.
- The agreement contains typical restrictions on the parties for acquisitions, borrowing, etc., but given the size of these companies, the caps are in billions and not millions.
