AT&T (T) has approached DirecTV (DTV) about a possible takeover that would likely be worth at least $40B, Wall Street Journal reports, citing people familiar with the situation. The approach has come since Comcast (CMCSA) announced its deal with Time Warner Cable (TWC) in February, and both AT&T and DirecTV declined to comment on the report, the Journal adds.
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- Mergers, Acquisitions & Takeovers
- Wall Street Journal