AT&T Confirms BellSouth Buy

AT&T Confirms BellSouth Buy

AT&T Inc. said Sunday it will acquire smaller rival BellSouth Corp. for $67 billion in stock, in an apparent bid for total control of their growing joint venture, Cingular Wireless LLC.

Wasn’t it all AT&T at one time then it got broken up? And now it’s getting close to being all AT&T again?