AT&T To Buy DirectTV for $48.5 Billion

by Editor | May 19, 2014 3:47 am

HUFFINGTON POST – AT&T Inc. on Sunday agreed to buy satellite TV provider DirecTV for $48.5 billion, or $95 per share, a deal both companies described as transformational as they seek to take on cable companies and online video providers, delivering content to multiple screens —on living room TVs, PCs, tablets and mobile phones.

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