AT&T Inc. to Purchase DirecTV for $67.1 Billion Including Debt and InterMune Inc.'s Lung Disease Drug Pirfenidone Submitted for Approval
AT&T, Inc. (NYSE: T) will purchase DirecTV for $67.1 billion, including debt. The company will pay $95 per DirecTV share, in a combination of cash and stock. This valuels the company's total equity at $48.5 billion. With the deal AT&T would become the second largest pay-TV company, and would gain leverage in negotiations with content producers. AT&T Inc. provides telecommunications services to consumers and businesses in the United States and internationally. Its Wireless segment offers various wireless voice, data, text, and other services, including local wireless communications