Is AT&T worth more divided?
Article Abstract:
Analysts expect AT and T Corp to announce on Oct 25, 2000 a strategy that could possibly break the company into four business units. They say that the company will be broken up into its four core businesses, namely, local and long-distance telephone, cable television, Internet access and wireless telecommunications services. The breakup is aimed primarily to boost prices of its shares, which the company thinks are way undervalued.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 2000
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AOL Time Warner cuts 2,000 jobs in surprise move
Article Abstract:
AOL Time Warner announced on Jan 23, 2001, that it has laid off more than 2,000 employees, in addition to the 400 layoffs announced in early Jan 2001. The newly merged media and Internet company explains that the job cuts are necessary to improve its financial outloook. AOL Time Warner also disclosed its plan to sell or close 130 Warner Studio Stores, which employ about 3,800 people.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 2001
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Comment about this article or add new information about this topic:
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