Slim to Reunite Mexico Phone Units in $6.5 Billion Offer
Aug. 2, 2011
Aug. 2 (Bloomberg) -- Carlos Slim is putting his Mexican phone empire back together after splitting it up a decade ago.
Slim's America Movil SAB, Latin America's largest wireless carrier, offered about $6.5 billion to buy the 40.4 percent of Telefonos de Mexico SAB it doesn't already own, giving it full control of its former parent. Adam Johnson reports in today's Movers and Shakers on Bloomberg Television's "InsideTrack." (Source: Bloomberg)