AT&T buying DIRECTV for $48.5 billion

By on May, 19 2014 with Comments 0

DirecTVThe rumors were flying since 5/13: AT&T will acquire DIRECTV in a stock-and-cash transaction for $95 per share based on AT&T’s 5/16 closing price. The agreement has been approved unanimously by the boards both companies. DIRECTV shareholders will receive $95.00 per share under the terms of the merger, comprised of $28.50 per share in cash and $66.50 per share in AT&T stock.

Click here to Login & view the full article & read our famous RBR+TVBR observation (Not a member? Join Today!)

About The Author: Carl has been with RBR-TVBR since 1997 and is currently Managing Director/Senior Editor. Residing in Northern Virginia, he covers the business of broadcasting, advertising, programming, new media and engineering. He’s also done a great deal of interviews for the company and handles our ever-growing stable of bylined columnists.

Comments are closed.