M&A Deal Summary

SBC Communications Acquires AT&T Teleholdings

On May 11, 1998, SBC Communications acquired communications company AT&T Teleholdings for 62M USD

Acquisition Highlights
  • This is SBC Communications’ 1st transaction in the Communications sector.
  • This is SBC Communications’ 2nd largest (disclosed) transaction.
  • This is SBC Communications’ 1st transaction in the United States.
  • This is SBC Communications’ 1st transaction in Illinois.

M&A Deal Summary
Date 1998-05-11
Target AT&T Teleholdings
Sector Communications
Buyer(s) SBC Communications
Deal Type Add-on Acquisition
Deal Value 62M USD

Target

AT&T Teleholdings

Chicago, Illinois, United States
AT&T Teleholdings, Inc.provides telecommunications services in US.including local and long-distance telephone, cellular, paging, security, cable TV, Internet access

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Buyer(S) 1

Buyer

SBC Communications

San Antonio, Texas, United States
Category Company
Sector Communications
DESCRIPTION

SBC Communications, Inc. provides communication services.

DEAL STATS #
Overall 1 of 3
Sector (Communications) 1 of 1
Type (Add-on Acquisition) 1 of 3
State (Illinois) 1 of 1
Country (United States) 1 of 3
Year (1998) 1 of 1
Size (of disclosed) 2 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-02-22 Sterling Commerce

Dublin, Ohio, United States

Sterling Commerce, Inc. is a software company that provides order management, B2B, and managed file transfer products.

Buy $3.9B
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