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AT&T Corp., dissatisfied with AOL Time Warner Inc.’s proposal to pay $9 billion to $10 billion for AT&T’s 25.5% stake in T ime Warner Entertainment, is expected this week to lay the groundwork for a public offering of its stake, The Wall Street Journal reported Monday, citing people familiar with the matter.
The two sides had made substantial progress in the past few weeks and had hoped to sign a deal by now, after months of on-and-off negotiations.
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