| AT&T gets an adjustment |
The MERGER OF AT&T Broadband and Comcast was finally completed on November 18 2002, creating the largest broadband and cable company in the US. The aggregate enterprise value of the merged company is $60 billion, including stock and debt.
It was an impressive achievement and the final step in an AT&T corporate restructuring programme that had begun in October 2000 with the pledge to spin off two of its businesses, AT&T Wireless and AT&T Broadband.
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