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AT&T Plans More Real Estate Selloffs While Ramping Up for Streaming Wars

Strategy Is Among Efforts to Reduce Debt After Time Warner Acquisition
AT&T last year sold an office condominium at New York's Hudson Yards complex to developer Related Companies for $2.2 billion, and it is now exploring other sales of its real state holdings. (Related Companies)
AT&T last year sold an office condominium at New York's Hudson Yards complex to developer Related Companies for $2.2 billion, and it is now exploring other sales of its real state holdings. (Related Companies)
CoStar News
April 23, 2020 | 9:31 P.M.

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AT&T said it plans to sell $2 billion in assets, including real estate, this year as the telecom and media giant seeks to pare down debt stemming partly from its acquisition of Time Warner.

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News | AT&T Plans More Real Estate Selloffs While Ramping Up for Streaming Wars