ATandT Buys Direct TV in $48.5 Billion Deal in Cash and Stocks

Newsbreaker on Ora.tv 2014-05-19

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Telecommunications giant ATandT has agreed to purchase Direct TV in $48.5 billion deal. The agreement would close within the next 12 months with ATandT also taking on a lot of Direct TV's debt. The FCC still needs to approve the purchase.
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