AT&T (T) sells $564M worth of its stake in America Movil to reduce its position in the...

|By:, SA News Editor

AT&T (T) sells $564M worth of its stake in America Movil to reduce its position in the Carlos Slim entity  to close to 9%. A round of buybacks by America Movil had the effect of increasing AT&T's percentage of shares to well-above the historic norm.