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Report: Cingular Eyes AT&T Wireless

 

You could call it a singular interest.

AT&T Wireless(AWE Quote) was surging Tuesday after No. 2 wireless company Cingular Wireless reportedly made an all-cash takeover offer for its rival over the weekend.

The value of the offer by Cingular, owned by Bell South(BLS Quote) and SBC Communications(SBC Quote), is unknown but is believed to be above AT&T Wireless's Friday closing price of $9.99 a share, according to a Tuesday report in USA Today. ...

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