tessa8940
10-17-2007, 03:19 PM
AT&T (T - Cramer's Take - Stockpickr - Rating) has hired Goldman Sachs to explore a deal to acquire EchoStar (DISH - Cramer's Take - Stockpickr - Rating). Reports TheStreet.com: "The move adds more fuel to the deal developments first reported last month ... and comes as Citigroup issued an analyst note saying it expects that AT&T will pay $65 a share to buy EchoStar's TV business." AT&T traded in and out of t he red, while DISH jumped 4.3% to $ 51.15.