AWE up in final hours
Feb 13 2004 - 02:37 PM ET | AT&T Wireless
AT&T Wireless, traded under
AWE, is up 1.5% to $11.82 in trading today. All offers for a buyout are due by 5PM ET today. The stock is just a dime away from it's 52-week high, which assures that whoever buys the company will pay a premium. The market cap of AWE currently sits at $27.35 billion.
Cingular is still
seen as the leader, with an all-cash offer of
$31.9 billion. Some think there will be a
bid war between Cingular and Vodafone. DoCoMo is
said to be out of the game.
