AT&T has been negotiating to buy DirecTV for close to $50 billion, based on reports that surfaced Monday. The deal, which has not been confirmed by the companies, could close within a few weeks. The current option on the table, according to anonymous sources, would be largely a stock trade but it would include some cash, with AT&T offering in the low- to mid-$90s per share for DirecTV. That would be roughly a 20 percent premium over its current stock price, and it would value the company at close to $48 billion.
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AT&T May Be Suiting Up to Battle Comcast
Posted by: Erika Morphy May 13, 2014 11:22 AMAT&T has been negotiating to buy DirecTV for close to $50 billion, based on reports that surfaced Monday. The deal, which has not been confirmed by the companies, could close within a few weeks. The current option on the table, according to anonymous sources, would be largely a stock trade but it would include some cash, with AT&T offering in the low- to mid-$90s per share for DirecTV. That would be roughly a 20 percent premium over its current stock price, and it would value the company at close to $48 billion.