DirecTV is working with advisers including Goldman Sachs Group to evaluate a possible combination with AT&T Inc, following a recent takeover approach from the mobile services provider, according to people familiar with the matter.DirecTV has enlisted advisers as the satellite TV company and its board consider whether to engage in serious discussions with the telecoms giant, one of the people said on Wednesday. The exact status of the talks could not be learned.While DirecTV took AT&T's overture serious enough to discuss it at board meetings, it also thinks that AT&T could be more interested in buying another pay TV operator Dish Network Corp than itself, the person added.Unlike DirecTV, which does not own wireless spectrum, Dish has amassed billions in wireless airwaves over the past few years under billionaire chairman Charlie Ergen.
DISH Network Corporation is a pay-television (TV) provider, with approximately 13. Shares of DISH traded higher by 0.34% or $0.21/share to $62.66. In the past year, the shares have traded as low as $37.30 and as high as $64.52. On average, 2861360 shares of DISH exchange hands on a given day and today's volume is recorded at 3384975.
AT&T Inc. (AT&T), is a holding company. The Company is a provider of telecommunications services. Shares of T traded higher by 0.76% or $0.27/share to $35.76. In the past year, the shares have traded as low as $31.74 and as high as $37.85. On average, 29060100 shares of T exchange hands on a given day and today's volume is recorded at 20267332.
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