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AT&T reportedly nearing $50B DirecTV deal that would make it America’s top pay TV provider

13
May
2014

If at first you don’t succeed… buy, buy again. According to a report from Bloomberg on Monday afternoon, ATT is in advanced talks to acquire pay TV giant DirecTV. Multiple unnamed sources tell the news organization that the deal could cost ATT about $100 per share, or a total of roughly $50 billion. “Under the plan being discussed, DirecTV management will continue to run the company as a unit of ATT and DirecTV Chief Executive Officer Mike White plans to retire after 2015, said the people, asking not to be named because the information is private,” Bloomberg’s Alex Sherman and Jeffrey McCracken reported. As noted in an earlier report on the possible deal, a successful acquisition would make ATT the top

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