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AT&T Inc completes acquisition of Leap Wireless International Inc


Thursday, 13 Mar 2014 06:37pm EDT 

AT&T Inc:Closed acquisition of prepaid wireless provider Leap Wireless International Inc., which operates under the Cricket brand.AT&T announced in July 2013 that it would acquire all of Leap's stock and wireless properties, including licenses, network assets, retail stores and subscribers for $15 per share in cash.Leap shareholders will also receive a contingent right entitling them to the net proceeds received on the sale of Leap's 700 MHz "A Block" spectrum in Chicago, which Leap purchased for $204 million in Aug. 2012. 

Company Quote

35.59
-0.77 -2.12%
31 Jul 2014