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

By Jos ยท 4 replies
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 Elite Techno Geek Posts: 6,515   +974

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

    tonylukac TS Evangelist Posts: 1,374   +69

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

    gibbstar TS Enthusiast Posts: 34   +6

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

    mctommy TS Addict Posts: 217   +38

    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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