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AT&T’s business transaction puts pressure on smaller rivals

AT&T Inc. is putting pressure on its smaller rivals, Sprint Corp. and Dish Network Corp., to become bigger through mergers and acquisitions of other properties/companies with its latest plan to buy Leap Wireless International Inc. in a $1.2-billion bid.

Sprint will be receiving a $5-billion cash infusion from SoftBank Corp., which acquired a controlling stake in the company on July 10, in a bid to expand Sprint’s network.

Wireless industry analyst Chetan Sharma said Chicago-based U.S. Cellular, whose majority of stocks is owned by Telephone & Data Systems Inc. and is serving around 5 million customers, is also on the lookout for more deals.


U.S. Renal Care Inc. buys Ambulatory Services

U.S. Renal Care, Inc. of Texas is set to purchase Ambulatory Services of America, Inc. of Brentwood based on an ongoing negotiation that is set to reach its conclusion at the end of the summer. As of this time, the terms of the companies’ deal are not yet specifically provided.

ASA manages renal dialysis and radiation oncology sites. It has 79 dialysis centers through one of its business units, the Long Beach, California-based Innovative Dialysis Systems, and runs 17 radiation oncology centers that USRC plans to put on the market.

USRC, on the other hand, provides outpatient care for patients with chronic kidney failure.

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