**Editor’s Note: Please click here for a recap of the biggest channel-impacting mergers in Q1 2015.**
The planned merger between AT&T Inc. and DirecTV appears to be headed toward a successful conclusion.
Sources familiar with the matter told The Wall Street Journal that regulators don’t appear to have serious concerns with the deal. The U.S. Justice Department and Federal Communications Commission have nearly completed their reviews of AT&T’s acquisition of DirecTV, the Journal reported.
The article noted that FCC staff are inclined to recommend the agency approve the agreement with conditions, but sources told the newspaper none of the conditions is expected to be unacceptable to AT&T.
Last year, consumer groups argued the deal would violate merger guidelines and substantially reduce competition. But the agreement has faced less scrutiny than Comcast Corp.’s planned acquisition of Time Warner Cable Inc., which recently collapsed after it became evident to the companies that regulators opposed the merger.
AT&T said last month it anticipates closing the DirecTV acquisition in the second quarter.
"The big, one-stop-shop providers just can't keep up with this pace of change." goo.gl/fb/Ew3Lq2
March 22 2019 @ 20:35:09 UTC