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Cingular Scrambling to Craft Superior AT&T Wireless Bid
Posted: 13-Feb-2004 [Source: Wall Street Journal via Yahoo]

[As the bidding for AT&T Wireless enters its final 24 hours, Cingular is working on a bid to exceed Vodafone's expected bid of $12.50 a share, or $34 billion.]

By Anita Raghavan and Almar Latour -- "With less than 24 hours left before bids are due for AT&T Wireless Services Inc. , British cellphone company Vodafone Group PLC is preparing a bid worth roughly $12.50 a share, or $34 billion, while executives and bankers for rival bidder Cingular Wireless are scrambling to top Vodafone's offer, people familiar with the situation said."


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