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Re: AT&T to Buy DirecTV for $48 Billion

By: ribit in FFFT | Recommend this post (0)
Mon, 19 May 14 9:36 PM | 42 view(s)
Boardmark this board | Food For Further Thought 		Msg. 63801 of 65535
(This msg. is a reply to 63777 by clo)
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clo
...at&t is just trying to get in the "Too Big to Fail" category so the obama administration will assure ceo bonuses no matter how badly the company performs.




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Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!

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The above is a reply to the following message:
AT&T to Buy DirecTV for $48 Billion
By: clo in FFFT
Mon, 19 May 14 2:28 AM 		Msg. 63777 of 65535

AT&T to Buy DirecTV for $48 Billion

AT&T formally agreed on Sunday to buy DirecTV for about $48 billion, striking yet another transaction meant to overhaul the American telecommunications landscape.

Under the terms of the deal, AT&T will pay about $95 a share in stock and cash. That’s a roughly 10 percent premium to DirecTV’s closing share price on Friday and about 30 percent higher than where the company’s shares were trading before rumors of a deal began to emerge.

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http://dealbook.nytimes.com/2014/05/18/att-to-buy-directv-for-48-5-billion/?emc=edit_na_20140518

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