By Liana B. Baker, Soyoung Kim and Marina Lopes (Reuters) – ATT plans to pay $48.5 billion to buy DirecTV, the top U.S. satellite TV operator, in a bid for growth beyond an increasingly competitive cellular market. The deal, announced on Sunday, comes as Comcast Corp awaits regulatory approval of its $45 billion bid for […]

By Soyoung Kim NEW YORK (Reuters) – ATT Inc has learned its lesson from its ill-fated $39 billion bid for T-Mobile USA. DirecTV, which has agreed to be acquired by ATT for $48.5 billion, will not ask the wireless operator to pay a reverse break-up fee, or penalty, if regulators reject the proposed combination, according […]