Daily Sabah
AT&T to buy DirecTV for $48.5 billion


NEW YORK — US telecommunications giant AT&T clinched a deal Sunday to acquire broadcast satellite service provider DirecTV for nearly $50 billion.Shareholders are set to receive $95 per share under the terms of the merger, including $28.50 per share in cash and $66.50 per share in AT&T stock, putting the value at the deal at $48.5 billion, the companies announced.