Sunday, May 18, 2014

AT&T To Acquire DIRECTV For $48.5 Billion

att directv
Today, AT&T officially announced plans to acquire DIRECTV for $48.5 billion. AT&T thinks the combined companies can become a content distribution leader across mobile, video and broadband platforms. For now, this move shouldn't impact AT&T wireless service at all.
From the press release AT&T stated “This purchase price implies a total equity value of $48.5 billion and a total transaction value of $67.1 billion, including DIRECTV’s net debt.”
Source: AT&T
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