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Posts Tagged ‘DirecTV’

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 […]

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(Reuters) – ATT and DirecTV have agreed that there will not be a reverse break-up fee, or penalty that ATT would have to pay the satellite operator if regulators shut down the proposed combination, according to a person familiar with the matter. DirecTV has agreed to pay a $1.4 billion breakup fee to ATT if […]

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NEW YORK (Reuters) – DirecTV, the No. 1 U.S. satellite TV operator, said on Sunday it has agreed to sell itself to ATT for $48.5 billion in the second mega-deal to shake up the U.S. television landscape this year. Here’s a look at both companies, with a focus on which of their services may be […]

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