AT&T Inc is expected to strike a deal with DirecTV in as early as two weeks, the Wall Street Journal reported on Monday, citing sources. The mobile services provider and the satellite TV company are discussing a cash-and-stock deal, the sources told the Journal. (link.reuters.com/zuf39v)DirecTV is working with advisers including Goldman Sachs Group to evaluate a possible combination following a recent takeover approach, Reuters reported last week.AT&T declined to comment, while DirecTV representatives were not immediately available for comment.
AT&T Inc. (AT&T), is a holding company. The Company is a provider of telecommunications services. Shares of T traded higher by 0.36% or $0.13/share to $36.57. In the past year, the shares have traded as low as $31.74 and as high as $37.83. On average, 28813500 shares of T exchange hands on a given day and today's volume is recorded at 23854626.
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