AT&T extends deadline for DirecTV acquisition

AT&T has extended the termination date of the agreement to acquire DirecTV. The short extension will allow it to obtain the final regulatory approval it needs to close the deal, which it expects will close shortly, AT&T (NYSE: T) stated in a document filed with the Securities and Exchange Commission on Monday. AT&T initially announced plans to acquire DirecTV (Nasdaq: DTV) in a deal worth $48.5 billion in May. Since then, it has undergone hearings and regulatory reviews that aim to determine whether…
Morning Edition RSS Feed via http://www.bizjournals.com/memphis/blog/morning_call/2015/07/at-t-extends-deadline-for-directv-acquisition.html?ana=RSS&s=article_search