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AT$T Stuck With Some High-End Homes In San Antonio

"Nine months after announcing that its headquarters would move to Dallas, the company still is trying to unload CEO Randall Stephenson's former Olmos Park home, which it purchased for $1.7 million when the house did not sell quickly.It likely will lose money on the sale of Stephenson's former home. While the company paid $1.7 million, the home had a list price Thursday of $1.5 million, down from an August list price of $1.6 million.
AT&T also paid $141,618 to transfer Stephenson to Dallas and nearly $264,000 to move three other top executives, including moving costs, house hunting fees and temporary living expenses, a moving allowance and closing costs on the purchase of a home in the Dallas area, according to regulatory filings." Download entire article By Jennifer Hiller - Express-News provided by Local 4250 Chief Steward/Executive Board Member Harvey, Illinois Belinda Ramos. NOTE: The move from San Antonio to Dallas is about 300 miles via I-35!

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