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AT&T, Inc. Message Board

  • vynus06 vynus06 Jan 26, 2007 2:15 PM Flag

    reverse splits

    when AT&T had a reverse split because they were short on money and didn't want to pay out that much in dividents it was 5 to 1 and then they buy BLS (Bell South ) and then they buy Cingular and we got nothing but all the executives and board members recieved nice packages. And now AT&T makes Cingular AT& T and still we get nothing, becuase it was not on the stock market. But making it AT& T now they don't have to give the stock holders nothing. If they had make it At&t in the first place they would have to have given us stock in Cingular. Riped off again

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    • you have not been paying attention at all; old att did reverse split; sbc & bls formed cingular and bought att wireless, sbc then bought the old att and changed their name to att ( the new att ) then they bought/merged with bls, giving them the sole control of cingular which is undergoing a name change to att.............................
      welcome to " the new at&t "

    • Understand that this is AT&T in name only. This is really SBC operating under the better know AT&T brand. It was actually SBC that bought BLS, and as a result now own the other 40% of Cingular.

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