Let freedom ring: AT&T gives Malone his Liberty

摘要

AT&T's decision to spin off Liberty Media was more no- table for what it did not ac- complish: It did not ease the long-distance carrier's debt burden nor did it immediately clear up the regulatory cloud surrounding AT&T's pending merger with MediaOne. But it did relieve AT&T of a minor headache, and it possibly gave the company some negotiating leverage with Time Warner.