Monday, 19 May 2014

AT&T To Acquire DirecTV For Nearly $50B


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As has been rumored for the past few weeks, AT&T has just officially announced their plans to acquire DirecTV. The terms of the deal came together at roughly $95 per share, which comes to a grand total of $48.5 billion dollars. If you add in the nearly $19B worth of debt that DirecTV is towing behind it, though, this deal sets AT&T back to a tune closer to $67 billion. It seems DirecTV… Read More