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May 13, 2015

Regulars seemingly prepared to approve AT&T’s acquisition of DirecTV

by John_A

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The acquisition of DirecTV by AT&T could be closing soon, nearly one year after the wireless carrier announced its intent to do so. Both the Federal Communications Commission (FCC) and the U.S. Department of Justice are approaching the end of their review and, according to The Wall Street Journal, there has been nothing to prevent the deal from closing. The biggest issue that regulars are seeking to identify is whether or not a monopoly would be built with the joining forces.

We could be just weeks away from seeing AT&T have ownership of the nation’s largest satellite TV provider.

Source: The Wall Street Journal

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