There has been lots of news about AT&T these days because it's trying to get the government to approve a merger they want. The government is giving AT&T a hard time about it. Investors notice these problems and they sell their shares which makes the shares cheaper to buy.
I've been taking advantage of these buying opportunities. I buy AT&T shares every chance I get. I'm going to hold these shares the rest of my life. I'm in it only for the dividend income.
Wall Street Journal: In a statement Wednesday, AT&T CEO Randall Stephenson said, “Throughout this process, I have never offered to sell CNN and have no intention of doing so.” AT&T is preparing to fight any potential legal challenge in court, arguing the opposition is politically motivated since there is no overlap between the two companies’ business lines, some of the people said.
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