AT&T to announce DirecTV takeover tomorrow
Reuters is reporting that AT&T is set to announce the acquisition of DirecTV tomorrow, according to a report by online news website Buzzfeed.com.
Rumors have been circulating for some time now that AT&T has been in discussions to buy DirecTV for nearly $50 billion.
Citing a source close to DirecTV, Buzzfeed.com said that DirecTV chief executive Mike White has told senior executives a deal had been reached and would be announced Sunday. – Reuters