AT&T gets another $1 billion deal with Google for $10 billion October 26, 2021 October 26, 2021 admin

By David PoguePublished May 13, 2018 09:16:07AT&T will pay $1.25 billion for the acquisition of Google, according to a press release issued Tuesday by AT&t.

The announcement was made during a call with reporters in which AT&ts CEO Randall Stephenson said the two companies were in advanced discussions for a combined $10.5 billion in cash.

AT&s shares have risen by almost 50% since the announcement.AT&t CEO Randall Stephen Stephenson, left, with AT&Ts President John Legere, right, during the AT&S 40th Anniversary event in Washington, DC, May 14, 2018.