AT&T sets $6 bil breakup fee (Investor's Business Daily)

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Investor's Business Daily - If the telecom giant's proposed $39 bil acquisition of T-Mobile USA doesn't go though, AT&T would pay T-Mobile parent company Deutsche Telekom $3 bil in cash, $2 bil worth of spectrum and a $1 bil roaming agreement, sources told Reuters. The breakup fee would be 15.4% of the buyout price, a global record high. The steep fee suggests AT&T is confident it can win regulatory approval. Shares rose 0.8% to 31.64.

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