RichTee
2022-01-13
Nice
DISH Network stock jumped over 4% after report of DirecTV merger talks
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Anti-trust concerns from the Federal Trade Commission and the Justice Department have kept the two companies from merging. Regulators squashed a proposed deal back in 2002.</p><p>This time, a merger "could pass regulatory muster as concerns about the market power of the struggling companies have waned," according to sources cited by The New York Post.</p><p>Both companies have seen the number of their paying customersdwindle along the yearsamid growing streaming competition.</p><p>DirecTV became a standalone company in 2021, six years after AT&T had acquired it as part of a $67 billion deal. The telecom giant received $7.1 billion as part of the spin-off deal. 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