AT&T to buy DirecTV for nearly $50 billion | Bangkok Post: news

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AT&T to buy DirecTV for nearly $50 billion

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US telecommunications giant AT&T clinched a deal Sunday to acquire broadcast satellite service provider DirecTV for nearly $50 billion. 

US telecommunications giant AT&T clinched a deal Sunday to acquire broadcast satellite service provider DirecTV for nearly $50 billion

Shareholders are set to receive $95 per share under the terms of the merger, including $28.50 per share in cash and $66.50 per share in AT&T stock, the companies announced.

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