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Friday, September 12, 2014

Directv CEO sees AT&T merger closing by April 2015, (NYSE: T)

DirecTV expects its merger with wireless operator AT&T Inc to finalize around April 2015, chief executive Mike White told investors at a conference on Friday. AT&T's $48.5 billion bid for DirecTV, announced in May, is currently under review by U.S. regulators.

AT&T Inc. (AT&T), is a holding company. The Company is a provider of telecommunications services. Shares of T remained unchanged at $34.85. In the past year, the shares have traded as low as $31.74 and as high as $37.48. On average, 19747100 shares of T exchange hands on a given day and today's volume is recorded at 725.