AT&T Wireless Bids Heats Up

A bidding war erupted yesterday for control of AT&T Wireless as Vodafone, based in Newbury, England, and Cingular Wireless, a joint venture of BellSouth and SBC Communications, submitted new bids that value the company at more than $37 billion or about $14 a share, executives close to the negotiations said. [New York Times: Business]

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