Tuesday, June 24, 2014

Congress to Examine AT&T and DirecTV Merger (T, DTV)

On Tuesday, antitrust panels will examine the $48 billion merger deal between AT&T (T) and DirecTV (DTV).

The hearings will include the CEOs of both companies as well as several public interest groups and cable TV peers. Two hearings will be held on Tuesday – the House in the morning and the Senate in the afternoon. As regulators examine the merger between AT&T and DirecTV, they are also evaluating the Comcast (CMCSA) and Time Warner Cable (TWC) deal, which was announced in February.

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The combined company would offer customers better services and better bundling deals.

T Dividend Snapshot

As of market close on June 23, 2014

T dividend yield annual payout payout ratio dividend growth

Click here to see the complete history of T dividends.

AT&T shares were mostly flat during pre-market trading Tuesday. The stock is up 0.65% YTD.

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