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AT&T is in advanced talks to buy DirecTV for $50 billion, or about $100 per share, Bloomberg reported Monday. AT&T’s plan is to turn the satellite company into an AT&T unit, and keep management on board to run that unit, with plans for DirecTV’s chief executive Mike White to retire in 2016. The acquisition report, which neither company is commenting on, comes after three months after Comcast announced that it was going to acquire Time Warner Cable in a $45 billion deal.

  1. Dystopian mega corps here we come.

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    1. Valentine North Monday, May 12, 2014

      Already there/here.

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  2. Please don’t ruin DirecTV.

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  3. AT&T’s $50 billion bid for DirecTV is a long-term strategic decision to spur growth, which may not be obvious to most short-sighted investors.Read More http://bit.ly/1mWOuzr

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