Tag Archives: America Movil (AMX)

America Movil (AMX) Might Sell Phone Assets to AT&T Inc. (T): Bank of America Corp (BAC) Has Been Hired for The Transaction

America Movil (AMX) Might Sell Phone Assets to AT&T Inc. (T): Bank of America Corp (BAC) Has Been Hired for The Transaction

Confidential sources indicate that America Movil SAB de CV (ADR) (NYSE:AMX), a telecommunications company owned by business magnate Carlos Slim, has contracted Bank of America Corp (NYSE:BAC) to oversee and conduct sales of its phone assets. AT&T Inc. (NYSE:T) is one of the potential buyers. Bloomerg.com revealed that the sale is part of a bigger

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