Ron Burgundy Posted June 27, 2014 Share Posted June 27, 2014 Carlos Slim's real estate firm, Inmobiliaria Carso, will buy AT&T Inc's equity stake in America Movil, tightening the Mexican tycoon's control of his flagship telecommunications firm, according to a filing with Mexico's stock exchange on Friday. Slim's Inmobiliaria Carso will buy more than 5.7 billion "AA" shares that have been held by AT&T, equal to 8.27 percent of America Movil's stock, the Mexican telecommunications firm said in the filing. The stake represents 23.81 percent of America Movil's voting stock. Inmobiliaria Carso and one of its subsidiaries will also buy 72.8 million shares of commonly traded "L" shares, according to the filing. View the full article Quote Link to comment Share on other sites More sharing options...
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