DirecTV Stockholders Approve AT&T Merger
The FCC may still be kicking the tires on the deal, but stockholders in DirecTV Thursday voted "overwhelmingly" to approve the proposed merger with AT&T.
The final tally had more than 99% of the votes cast (77% of outstanding shares) going for adoption of the merger agreement.
The proposed deal can't actually be finalized until both the Justice Department and FCC sign off on it.
To read the full story, visit Multichannel.com.
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Contributing editor John Eggerton has been an editor and/or writer on media regulation, legislation and policy for over four decades, including covering the FCC, FTC, Congress, the major media trade associations, and the federal courts. In addition to Multichannel News and Broadcasting + Cable, his work has appeared in Radio World, TV Technology, TV Fax, This Week in Consumer Electronics, Variety and the Encyclopedia Britannica.