AT&T pressures Rogers for higher wireless bid

Article Abstract:

AT&T Wireless Services Inc. is planning to market a $49 million share stake in Canadian cell phone company to institutional investors through two investment dealers CIBC World Markets Inc. and Goldman Sachs Group Inc. with help of security laws. This scheme has enabled AT&T to pressurize Rogers Wireless Communications Inc. which holds 55% of AT & T wireless company for a higher bid of above $36 a share.

United States, Radiotelephone communications, Cellular Mobile Radio Services, Cellular and Other Wireless Telecommunications, Financial management, Communications, Broadcasting and Telecommunications, Telephone Communication, Telecommunications services industry, Telecommunications industry, Cellular telephone services industry, Cellular telephone services, Company investment, Investments, Communications industry, AT&T Wireless Services Inc., Wireless telecommunications service, Rogers Wireless Communications Inc., AWE, RCN

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SEC probes trading in shares of hot Net firm

Article Abstract:

The US Securities and Exchange Commission is investigating trading in shares of Mamma.com Inc., a Montreal-based Internet search engine company. Mamma.com's stock has increased about 250 per cent over the end of February 2004.

Legal issues & crime, Company legal issue, Investigations, Information services, Powers and duties, Information services industry, United States. Securities and Exchange Commission, Mamma.com Inc., MAMA

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