AT&T may strike a deal with DirecTV

  • Several outlets are reporting that AT&T may buy DirecTV for about $50 billion and the deal is likely to strike in the coming weeks. 

    The exact price hasn't been decided as yet, but it could be in the "low-to mid-$90 per share," according to media reports. However, the price could even be $100 for every share. Dish said the merger seems to be logical and it couldn't have outbid AT&T for its competitor.

    Meanwhile, DirecTV CEO Mike White's fate hasn't been determined since he isn't going to step down, but reports suggest that he wishes to retire after 2015. 

    Tagged as: directtv, att deal, business deals, business news