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AT&T to Buy DirecTV for 48.5 Billion Dollars
AT&T Inc agreed to acquire DirecTV for 48.5 billion dollars 95 per share giving AT&T a larger video subscriber base and expanding its reach against Comcast and Time Warner Cable. The deal values DirecTV net debt at 67.1 billion dollars and could face FCC and DOJ antitrust scrutiny.
MENTIONED IN THIS ARTICLE
Dallas
At&t Inc
Directv
Comcast
Time Warner Cable
At&t
Comcast Time Warner Cable
Federal Communications Commission
Department of Justice
Comcast Corp
U-verse
U.S
Morgan Stanley
Ben Swinburne
Leichtman Research Group