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DOJ set to clear AT&T buy of DirecTV - report

Tuesday 26 August 2014 | 09:22 CET | News
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AT&T has agreed with regulators conditions for the clearance of its proposed takeover of pay-TV provider DirecTV, a source close to the process told The New York Post. AT&T worked out the plan with the Justice Department, according to the source. However, the report did not say what, if any, conditions the DOJ has placed on the merger. In May AT&T agreed to buy DirecTV for USD 48.5 billion. The Department of Justice is expected to clear the AT&T deal in October. The FCC still has not ruled on the merger. 

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Categories: Fixed
Companies: DirecTV / FCC
Countries: United States
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