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AT&T acquires DirecTV for $48.5bn

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In a move set to create a content distribution leader across mobile, video amd broadband platforms, with unparalleled video content distribution scale in the US, AT&T and DirecTV have entered into a definitive agreement under which AT&T will acquire DirecTV in a stock-and-cash transaction for $95 per share based on AT&T’s Friday closing price. The agreement has been approved unanimously [...]

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