Posted inBusiness

AT&T in Talks to Buy DirecTV for About $50 Billion

(Business Week) โ€“ AT&T Inc. (T:US), joining the ranks of U.S. TV, Internet and wireless providers racing to consolidate, is in advanced talks to acquire DirecTV (DTV:US) for about $50 billion, according to people familiar with the matter. Under the plan being discussed, management of DirecTV, the largest U.S. satellite-TV provider, will continue to run the company as a […]

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