- AT&T's (NYSE:T) proposed $48.5B acquisition of DirecTV (NYSE:DTV) is expected to get U.S. regulatory approval as soon as next week, sources told Reuters.
- The Department of Justice, which assesses whether deals violate antitrust law, has completed its review of the merger and is waiting on the FCC to wrap up its own.
- The move would create the country's largest pay-TV company, giving DirecTV a broadband product and AT&T new avenues of growth beyond wireless service.
- Previously: AT&T, DirecTV extend merger end date to get regulator OK (Jun. 29 2015)