AT&T Scraps Downsized $248M IPO For Vrio Subsidiary

By Tom Zanki ( April 19, 2018, 5:35 PM EDT) -- AT&T Inc. canceled an estimated $248 million initial public offering for its Latin American DirecTV unit Vrio Corp. late on Wednesday, just hours after the company slashed the size of its deal, blaming market conditions. . . .

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