AT&T (NYSE:T) is reportedly considering offloading DirecTV amid pressure from activist investors, boosting AT&T stock by 1%.
The telecommunications giant is apparently considering a number of options for the future of satellite TV provider DirecTV, just four years after acquiring the company for $49 billion USD. One of the options on the table is a potential spinoff to form a separate public company. Alternatively, the company could merge its DirecTV assets with satellite competitor Dish Network, and there is still the possibility that AT&T could keep DirecTV as part of its portfolio. AT&T stock is currently ...
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