AT&T takes on $5.5 billion loan to boost 'financial flexibility'
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NEW YORK (Reuters) - AT&T Inc. on Tuesday announced a $5.5 billion term-loan agreement, which it said would give the company "financial flexibility" during the coronavirus outbreak.The U.S. telecoms and media giant also reaffirmed its commitment to pay a dividend, which helped send its shares up 2.8% in morning trading.AT&T has been targeted by shareholder activists over its large debt load, accumulated over a buying spree that transformed it into a media and telecoms conglomerate. It said on..