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#1 |
Grumpy Old Fart
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![]() AT&T Inc is set to announce its expected acquisition of top U.S. satellite TV operator DirecTV on Sunday, according to a report by online news website Buzzfeed.com.
A spokesman for AT&T said the firm would make no comment on the report. DirecTV did not immediately respond to a request for comment. AT&T has been in active discussions to buy DirecTV for nearly $50 billion (29.7 billion pounds), or low to mid-$90s per share, and has been working to finalize a deal in the next few weeks, Reuters reported last Monday. 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 reported this week that AT&T was working with investment bank Lazard Ltd in talks for a potential takeover of DirecTV. http://news.msn.com/science-technolo...-sunday-report
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Order Of The Spur I miss Old Cocky Talk |
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#2 |
1st Team All-American
Male Join Date: Mar 2007
Location: Darlington SC
Posts: 14,896
CockyCash: 1220000 ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
![]() The DOJ has to do something about all of these huge corporations merging and making monopolies.
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#3 |
Bowl MVP
Male Join Date: Jun 2007
Location: Columbia
Posts: 2,412
CockyCash: 95200 ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
![]() as long as DirecTV carries the SEC network I dont care who owns them
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#4 |
Apparent Sunshine Pumper
Male Join Date: Jan 2014
Location: On $100 mill of cash
Posts: 13,790
CockyCash: 1000062190122800 ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
![]() This^ I was starting to get worried for a minute there.
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"I'd rather be anywhere other than Clemson." Vendable Bow Youtube Vendable Bow Twitter |
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#5 |
Starter
Male Join Date: Oct 2009
Location: Greer
Posts: 1,320
CockyCash: 5495 ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
![]() I think the DOJ still has to approve it.
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#6 |
Apparent Sunshine Pumper
Male Join Date: Jan 2014
Location: On $100 mill of cash
Posts: 13,790
CockyCash: 1000062190122800 ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
![]() Technically it is not really a monopoly seeing how there are numerous other companies who offer TV/Internet service.
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"I'd rather be anywhere other than Clemson." Vendable Bow Youtube Vendable Bow Twitter |
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#7 |
Heisman Winner
Male Join Date: Dec 2006
Location: SC
Posts: 25,359
CockyCash: 1233026 ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
![]() if AT&T is smart, they will keep the DirecTV name when they enter into certain areas so that they will be allowed there. AT&T is not allowed in Lexington. If they kept some type of separate division and allow them to run under that name and almost as a para AT&T entity, they can go into places but they are not allowed in.
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#8 | |
Apparent Sunshine Pumper
Male Join Date: Jan 2014
Location: On $100 mill of cash
Posts: 13,790
CockyCash: 1000062190122800 ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
![]() Quote:
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"I'd rather be anywhere other than Clemson." Vendable Bow Youtube Vendable Bow Twitter |
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#9 |
Banned
Male Join Date: Sep 2010
Location: Virginia
Posts: 35,984
CockyCash: 1000365601 ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
![]() This puts A T & T on par with Comcast, Time Warner and Verizon being able to offer a complete package (phone, internet and TV) to DIRECTV customers. DIRECTV now offers internet service but it's very expensive.
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#10 | |
Banned
Male Join Date: Sep 2012
Location: Appalachian Trail
Posts: 3,260
CockyCash: 500 ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
![]() Quote:
If they're just taking over directv existing satellite network then there's still lots of places where people will have the tv service but no AT&T internet available. |
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#11 |
Apparent Sunshine Pumper
Male Join Date: Jan 2014
Location: On $100 mill of cash
Posts: 13,790
CockyCash: 1000062190122800 ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
![]() Its Official.. AT&T buys DirecTV for 48.5 Billion dollars.
http://dealbook.nytimes.com/2014/05/..._20140518&_r=0
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"I'd rather be anywhere other than Clemson." Vendable Bow Youtube Vendable Bow Twitter |
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#12 |
Banned
Male Join Date: Sep 2010
Location: Virginia
Posts: 35,984
CockyCash: 1000365601 ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
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#13 |
1st Team All-SEC
Male Join Date: Feb 2006
Location: Ridgeway
Posts: 4,108
CockyCash: 1250000 ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
![]() I guess the DTV subscribers will have the SEC Network. Big acquisition but I guess if it was alright for Comcast then it should be alright for AT&T. I like AT&T because they aren't scared to spend money to get what they want.
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"Yesterday upon the stair, I met a man who wasn't there. He wasn't there again today, Oh how I wish he'd go away." ![]() |
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#14 |
Grumpy Old Fart
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![]() While it may be bad news from an anti-competitive standpoint is is good news for my Direct TV stock. :)
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Order Of The Spur I miss Old Cocky Talk |
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