DirecTV prepares for AT&T approach - report

Thursday 8 May 2014 | 10:42 CET | News
DirecTV is working with advisers including Goldman Sachs to evaluate a possible combination with AT&T, people familiar with the matter told the Wall Street Journal. The two companies are in talks following an approach from AT&T to acquire DirecTV, the paper's sources said. A deal would create a pay-television giant that would serve more than 25 million subscribers and rival the proposed combination of Comcast and Time Warner Cable. On a conference call with analysts, DirecTV CEO Mike White noted recent media reports speculating "about possible transactions that might involve DirecTV". He said

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Categories: Broadcast & Satellite
Companies: Comcast / DirecTV / Time Warner Cable
Countries: United States
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