Prime News: AT&T, DirecTv extend ‘termination date’ for second time

The No. 2 telecom company in the U.S., AT&T Inc., said it has extended the “termination date” of the merger agreement with DirecTV, the second time in 2 months.

In a regulatory filing, the company said the extension is aimed at obtaining final regulatory approval for the merger.

In May last year, AT&T offered to buy DirecTV to create the largest U.S. pay TV company.

The material has been provided by InstaForex Company – www.instaforex.com

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