After a decent year, Trump looms large over M&A activity, cross-border deals especially. The Deal, TheStreet's sister publication for dealmakers is out with its 2016 ranking of advisers.
AT&T, Comcast, Verizon, T-Mobile and Comcast are among the potential pool of qualified buyers that collectively satisfied the FCC's rules for the auction to be completed.
Jonathan Litt's letter noted that shareholders would hold the company's board accountable if the strategic alternative process is not fully explored. This suggests a proxy contest could be imminent.