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OFFICIAL: AT&T to Acquire DIRECTV

Discussion in 'News' started by James Long, May 18, 2014.

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  1. James Long

    James Long Ready for Uplink! Staff Member Super Moderator DBSTalk Club

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    AT&T to Acquire DIRECTV

    DALLAS & EL SEGUNDO, Calif.--(BUSINESS WIRE)-- AT&T (NYSE:T) and DIRECTV (NASDAQ:DTV) today announced that they have entered into a definitive agreement under which AT&T will acquire DIRECTV in a stock-and-cash transaction for $95 per share based on AT&T’s Friday closing price. The agreement has been approved unanimously by the Boards of Directors of both companies.

    Press release and continuing discussion HERE
     
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