Describes the funding challenges facing AT & T in 1983 to privatization of local telephone operating company on 1 January 1984. Leading to the decision to issue shares that AT & T has made in early 1983 and which decreases & T market value of $ 2 billion. Case is designed to illustrate the process associated signaling. "Hide
by Bruce C. Greenwald Source: Harvard Business School 16 pages. Publication Date: February 16, 1984. Prod. #: 284047-PDF-ENG