AT&T Inc., which piled on billions in debt to become a media giant, is getting more creative with its pitch to investors.
The company earlier this month issued a new class of shares that guarantee its holders a dividend worth 5% of the share price but no voting rights. The new securities show AT&T, long known as a haven stock for investors in search of safety, aggressively catering to its base.
“People…
Credit: WSJ.com