Re: Re: Was Rajoy right to turn down 70 bn euros for Telefonica?

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Anonymous
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@dbmarcos99 wrote:

http://online.wsj.com/article/BT-CO-20130616-701714.html

The Spanish government blocked a friendly takeover bid on 100% of Telefonica SA (TEF, TEF.MC) from U.S. telecom giant AT&T Inc. (T), which would have entailed a disbursement of some 70 billion euros ($93.5 billion) in addition to taking on EUR52 billion in debt, reports El Mundo in its Monday Internet edition.

I have seen this topic posted on another forum, but the sum quoted was 130 million.

http://britishexpats.com/forum/showthread.php?t=800335