Thursday September 25, 2014

DirecTV Shareholders Approve $48.5B AT&T Takeover

I guess all that is left for this mega-merger is regulatory approval and this is a done deal.

The proposed deal, announced in May, will give AT&T access to a nationwide television service it can pair with its wireless offering. AT&T believes the expanded reach and ability to bundle the two services together will allow it to better compete with both wireless and cable competitors.

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