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re: AT&T wants to buy Directv

Posted on 5/12/14 at 4:13 pm to
Posted by LSUGUMBO
Shreveport, LA
Member since Sep 2005
8480 posts
Posted on 5/12/14 at 4:13 pm to
LINK

Looks like this could be happening soon. Thoughts?
Posted by Lsut81
Member since Jun 2005
80061 posts
Posted on 5/12/14 at 4:32 pm to
frick

I know that it says that AT&T they will allow Directv to operate as a separate entity, but I doubt that will last very long.

Posted by schexyoung
Deaf Valley
Member since May 2008
6533 posts
Posted on 5/12/14 at 4:55 pm to
Does this mean Sunday ticket on Uverse soon?
Posted by dallastiger55
Jennings, LA
Member since Jan 2010
27624 posts
Posted on 5/12/14 at 11:12 pm to
No everything with directv will stay the same. Get that stock while you can
Posted by ATLsuTiger
Johns Creek
Member since Aug 2009
5415 posts
Posted on 5/18/14 at 4:55 pm to
Done deal

LINK

quote:

AT&T agreed Sunday to buy DirecTV for about $48.5 billion in yet another mammoth deal in the pay-TV space this year that would immediately boost the telecom giant's customer base at a time of confounding industry challenges.

Posted by Lsut81
Member since Jun 2005
80061 posts
Posted on 5/18/14 at 5:27 pm to
Well that fricking blows...

Guess I won't be renewing my contract now. I don't trust "directv will remain independent and nothing will change".
Posted by GumboPot
Member since Mar 2009
118550 posts
Posted on 5/18/14 at 5:49 pm to
Consolidation.

This merger has to be approved by federal government right?
Posted by DawgCountry
Great State of GA
Member since Sep 2012
30535 posts
Posted on 5/18/14 at 6:06 pm to
Correct. This could take a while
Posted by TOKEN
Member since Feb 2014
11990 posts
Posted on 5/18/14 at 6:40 pm to
I hope this merger is blocked.

$48 Billion is hard to even conceive
Posted by Lsut81
Member since Jun 2005
80061 posts
Posted on 5/18/14 at 8:06 pm to
quote:

Consolidation. This merger has to be approved by federal government right?


Yes and I'm usually the one to say the govt should stay out of these things, but frick, I hope they shoot it down....
Posted by LSUneaux
NOLA
Member since Mar 2014
4483 posts
Posted on 5/18/14 at 8:18 pm to
Why did the government permit all these airline mergers? Oil has not really changed in a few years, yet airfares have skyrocketed.
Posted by SomeTigerFan
Over there
Member since Oct 2012
3232 posts
Posted on 5/18/14 at 11:31 pm to
I just read it will be a stock & cash deal valued at a whopping 67.1B. So much M&A this year so far and there's going to be a lot more; Pfizer still chasing AstraZeneca, darden selling red lobster, Abbott labs buying CFR, Apple bought beats, and now google will be buying Twitch for 1B
Posted by TOKEN
Member since Feb 2014
11990 posts
Posted on 5/19/14 at 1:42 am to
Economy is stagnant so companies are forces to buy growth.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10229 posts
Posted on 5/19/14 at 7:18 am to
To me this is another sign of the inevitable market correction. I think way too high of a price, for a business model that is subject to anti-trust, and at a minimum serious competition to the purchase of channel packages on an all or none basis by streaming and other methods of delivery.
Posted by Lsut81
Member since Jun 2005
80061 posts
Posted on 5/19/14 at 8:06 am to
quote:

minimum serious competition to the purchase of channel packages on an all or none basis by streaming


This deal, unless it goes completely opposite of how I think it will, is what will drive me to cut the cord.
Posted by LSURussian
Member since Feb 2005
126843 posts
Posted on 5/19/14 at 8:11 am to
quote:

sign of the inevitable market correction
Going out a limb there with that?

It's like predicting there's going to be some severe blizzards next winter.
This post was edited on 5/19/14 at 8:12 am
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10229 posts
Posted on 5/19/14 at 8:16 am to
No. But it does look like the dumb money is rushing in. Everyone has a role. Dumb money is necessary for others to profit from.
Posted by htownjeep
Republic of Texas
Member since Jun 2005
7611 posts
Posted on 5/19/14 at 8:17 am to
wow

quote:

Berkshire Hathaway Inc. is one of the biggest beneficiaries of DirecTV’s rally, thanks to a stake built by his deputy stock pickers at about half the current price. Berkshire had about 36.5 million shares as of Dec. 31, a filing shows.
Posted by LSURussian
Member since Feb 2005
126843 posts
Posted on 5/19/14 at 8:50 am to
quote:

But it does look like the dumb money is rushing in.
The execs at AT&T are dumb?
Posted by Sigma
Fairhope, AL
Member since Dec 2005
3643 posts
Posted on 5/19/14 at 9:54 am to
quote:

$48 Billion is hard to even conceive


AstraZeneca has an offer on the table from Pfizer for $106 billion.
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