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At&t To Announce Directv Acquisition On Sunday: Buzzfeed

Ron Burgundy

By Ron Burgundy,
in Tech News

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Ron Burgundy Omniscient Member

Ron Burgundy

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An AT&T building is pictured in Los AngelesAT&T Inc is set to announce on Sunday it is acquiring top U.S. satellite TV operator DirecTV, news website BuzzFeed said, in a deal expected to be worth nearly $50 billion. A spokeswoman for AT&T said the firm would make no comment on the report. DirecTV did not immediately respond to a request for comment. AT&T has been in active discussions to buy DirecTV for nearly $50 billion, or low to mid-$90s per share, and has been working to finalize a deal in the next few weeks, Reuters reported last Monday.




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