Leap sets Oct-13 date for AT&T takeover vote

18 Sep 2013

San Diego based pre-paid operator Leap Wireless, which offers services under the Cricket brand name, has set 24 October as the date for shareholders to vote on its proposed USD1.19 billion sale to AT&T Mobility. Under the terms of the agreement AT&T will pay USD15.0 per share to acquire all of Leap’s stock and wireless properties, including licences, network assets, retail stores and approximately five million subscribers.

United States, AT&T Communications, Leap Wireless International