Odds of AT&T Getting Deal Approval Drop to 40%

Barclays Capital now says the odds of a successful AT&T acquisition of T-Mobile USA at about 40 percent, down from 75 percent.


Only a couple of days before the Department of Justice lawsuit opposing the deal, analyst sentiment that the AT&T purchase of T-Mobile USA will win regulatory clearance had dropped, at least among 32 analysts polled by Stifel Nicolaus & Co. analysts Rebecca Arbogast and David Kaut.

The observers rated their expectation for approval on a scale of 0-to-100 percent, and the average of their answers fell to 50 percent in August from 55 percent in July, the analysts said. Odds drop

Odds of deal approval drop to 40% from 75%