AT&T in talks to buy DirecTV for about $50 billion
AT&T is in discussions to buy DirecTV for about $50 billion to expand its video offerings and avoid being left out in consolidation hitting the pay-TV industry. The price being discussed by the companies is in the “low-to-mid $90s” per DirecTV share, but an announcement could still be “weeks away,” according to a person familiar with the talks. The person…
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