Reuters logo
AT&T to strike deal with DirecTV in as soon as two weeks - WSJ
May 12, 2014 / 8:46 PM / 3 years ago

AT&T to strike deal with DirecTV in as soon as two weeks - WSJ

May 12 (Reuters) - AT&T Inc is expected to strike a deal with DirecTV in as early as two weeks, the Wall Street Journal reported on Monday, citing sources.

The mobile services provider and the satellite TV company are discussing a cash-and-stock deal, the sources told the Journal. (link.reuters.com/zuf39v)

DirecTV is working with advisers including Goldman Sachs Group to evaluate a possible combination following a recent takeover approach, Reuters reported last week.

AT&T declined to comment, while DirecTV representatives were not immediately available for comment.

Reporting by Abhirup Roy in Bangalore and Marina Lopes and Jennifer Saba in New York; Editing by Sriraj Kalluvila

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below