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AT&T to acquire DirecTV in stock-and-cash deal for $48.5 billion

By Jos
May 19, 2014
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  1. Rumors about AT&T snapping up DirecTV have been going on for a while, but yesterday the company finally made it official announcing it will acquire the satellite television operator for $48.5 billion -- or $95 a share. According AT&T's press statement,...

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  2. Jad Chaar

    Jad Chaar TS Evangelist Posts: 6,473   +963

    Wow $50 billion. I didnt expect them to be worth that much.
     
  3. tonylukac

    tonylukac TS Evangelist Posts: 1,204   +48

    I thought they already owned it, but it seems kind of dumbbell as they have uverse. Why this too?
     
  4. gibbstar

    gibbstar TS Member Posts: 29

    Because it's like Pokemon: gotta catch 'em all!
     
  5. mctommy

    mctommy TS Booster Posts: 179   +27

    This and the Comcast/TWC deal... just waiting for the feds to split them again just like how they did with the Bell Telco Companies.
     

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