tessa8940
10-17-2007, 03:19 PM
AT&T (T (http://www.thestreet.com/stocks/quote/T) - Cramer's Take (http://www.thestreet.com/search/cramer/T) - Stockpickr (http://www.stockpickr.com/thestreet-symbol/T/) - Rating (http://ratings.thestreet.com/tools/basic/ratings.html?tkr=1&s=T)) has hired Goldman Sachs to explore a deal to acquire EchoStar (DISH (http://www.thestreet.com/stocks/quote/DISH) - Cramer's Take (http://www.thestreet.com/search/cramer/DISH) - Stockpickr (http://www.stockpickr.com/thestreet-symbol/DISH/) - Rating (http://ratings.thestreet.com/tools/basic/ratings.html?tkr=1&s=DISH)). Reports TheStreet.com (http://www.thestreet.com/_mktw/s/att-moves-ahead-on-dish-deal/newsanalysis/techtelecom/10384642.html?): "The move adds more fuel to the deal developments first reported (http://www.thestreet.com/s/att-echostar-talks-heat-up/newsanalysis/techtelecom/10381691.html?) 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.