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AT&T reportedly very close to acquiring DirecTV

13
May
2014

ATT will soon announce its acquisition of satellite provider DirecTV, according to Bloomberg. The company will reportedly propose an aggressive takeover bid of $100 per share, which values DirecTV at around $50 billion and is higher than the $40 billion figure floated previously. If ATT is successful in its pursuit, DirecTVs current management will apparently remain in place post-merger and continue running things. ATT could spend up to $50 billion

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