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7 Top M&A Highlights of Q3

Mergers & acquisitions took off in the third quarter with some eye-popping and historic buyouts

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AT&T TIn another — albeit much smaller — act of consolidation in the telecom sector, AT&T (T) struck a deal to buy prepaid cellphone company Leap Wireless (LEAP) for $1.2 billion.

True, that’s peanuts compared with the $39 billion AT&T was prepared to pay for T-Mobile — at least before regulators put the kibosh on the deal. If nothing else, it shows AT&T is still looking for opportunities to expand.

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