AT&T has agreed to acquire T-Mobile USA from the German telecommunications company Deutsche Telekom for $39 billion in a cash and stock.
The merger calls for Dallas, Tex.-based AT&T to make a cash payment of up to $29.2 billion, with the balance paid out in AT&T common stock. AT&T has secured a $20 billion one-year bridge loan underwritten by J.P. Morgan to finance the cash portion of the deal.
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