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4:29 am
Mon May 19, 2014

AT&T To Acquire Broadcast Provider DirecTV

Originally published on Sun May 18, 2014 11:17 pm

Telecommunications giant AT&T and DirecTV announced Sunday that the two companies had reached a definitive agreement which would see AT&T acquiring the broadcast service provider.

AT&T is buying DirecTV for about $48.5 billion, reports The New York Times. But the Times reports that the deal, including debt, is valued at about $67 billion.

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