- AT&T (T) has approached DirecTV (DTV) about buying the satellite-TV provider in a deal that could be worth at least $40B, the WSJ reports. DirecTV, whose market cap is $39.5B, is open to a deal.
- The combined company would have almost 26M pay TV subscribers vs the 30M that Comcast would have if it acquires Time Warner Cable.
- As with the Comcast-TWC deal, a major question is whether regulators would authorize a tie-up between AT&T and DirecTV, with broadband competition likely to be the main issue in any review.
From other sites
at CNBC.com (Jun 8, 2015)
at CNBC.com (May 18, 2015)
Video at CNBC.com (May 11, 2015)
at CNBC.com (Apr 8, 2015)
at CNBC.com (Mar 18, 2015)
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