AT&T, DirecTV Deal Expected to Close in 12 Months

AT&T, DirecTV Deal Expected to Close in 12 Months Play

May 19 (Bloomberg) -- AT&T plans to buy DirecTV for $48.5 billion, gaining more than 38 million video subscribers at home and in Latin America and stepping up an acquisition-fueled overhaul of the $110 billion U.S. pay-TV industry. Bloomberg’s Paul Sweeney reports on Bloomberg Television’s “In The Loop.” (Source: Bloomberg)

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