AT&T Receives Ruling from the IRS for Future Tax-Free Split Off of AT&T Wireless.Business Editors NEW YORK--(BUSINESS WIRE)--May 30, 2001 AT&T today announced that the Internal Revenue Service has ruled that the proposed split off of AT&T Wireless (NYSE NYSE See: New York Stock Exchange : AWE) qualifies as tax free for AT&T and its shareowners for U.S. federal income tax purposes. As previously announced, AT&T said it expects AT&T Wireless to be an independent, publicly held company by mid-summer. In connection with the exchange offer, the annual meeting and its restructuring restructuring - The transformation from one representation form to another at the same relative abstraction level, while preserving the subject system's external behaviour (functionality and semantics). , AT&T has filed and will be filing materials with the SEC. Investors are urged to read these materials because they contain important information. AT&T and its officers and directors may be deemed to be participants in the solicitation solicitation In criminal law, the act of asking, inducing, or directing someone to commit a crime. The person soliciting another becomes an accomplice to the crime. The term also refers to the act of obtaining bribes, as well as to the crime of a prostitute who offers sexual of proxies with respect to the matters to be considered at the annual meeting and its restructuring transactions. Information regarding such individuals is included in AT&T's proxy statement Proxy Statement A document containing the information that a company is required by the SEC to provide to shareholders so they can make informed decisions about matters that will be brought up at an annual stockholder meeting. filed with the SEC on March 30, 2001. Investors may obtain a free copy of these materials when they become available as well as other materials filed with the sec concerning AT&T at the SEC's website at http://www.sec.gov. These materials and other documents may also be obtained for free from AT&T at 295 North Maple Drive, Basking Ridge, NJ 07920; Attn: Investor Relations Investor relations The process by which the corporation communicates with its investors. . |
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