NEW YORK-Cingular Wireless L.L.C. has reportedly amended documents connected with its $41 billion acquisition of AT&T Wireless Services Inc. so that the company would not pay any interest if the deal does not close by the middle of December. The original documents called for Cingular to pay a 4-percent interest penalty to AWS shareholders.
The 4-percent interest penalty was reported to have been part of Cingular’s original bid for AWS and included in documents filed with the Securities and Exchange Commission on Tuesday, but it was removed from the eventual $41 billion winning offer and subsequently removed from the SEC paperwork on Wednesday.
