I've had BLS on my yahoo page forever, a couple of pages ago there's no information available, today I'm looking for a new symbol and can't find it...
2007-01-10 03:15:23 · 4 answers · asked by Bucky C 2 in Business & Finance ➔ Investing
Stockholders of the former BellSouth received 1.325 shares of AT&T common stock for each common share of BellSouth. Based on AT&T's closing stock price on Friday, Dec. 29, 2006, this exchange ratio equaled $47.37 per BellSouth common share.
The new symbol for Bell South is T which is that of AT&T.
I have pulled out the above information from the news on Financials of the merger on google. If you would like to get more information on this go to google search engine, type in "AT&T Bell South Merger Financial Information". You will get a lot of entries which you can click to get more information.
2007-01-10 04:24:01 · answer #1 · answered by Mathew C 5 · 0⤊ 0⤋
T. SBC, a baby Bell also, bought out ailing parent AT&T, whose symbol is T, and adopted the parent's name. Now the new AT&T, bought out BellSouth, so it is part of T today.
2007-01-10 03:20:40 · answer #2 · answered by Rabbit 7 · 0⤊ 0⤋
AT&T bought Bellsouth. So now if you want to own stock in that company you have to buy stock in AT&T. AT&T's symbol is T.
2007-01-10 04:22:02 · answer #3 · answered by Michael 2 · 0⤊ 0⤋
Bell South (BLS) is now AT&T. Try ATT.
2007-01-10 03:20:59 · answer #4 · answered by Anonymous · 0⤊ 0⤋