As expected, DirecTV and AT&T have agreed to extend the termination date of their planned $48.5 billion merger “for a short period,” as the deal winds through the regulatory approval process, DirecTV said in a Securities and Exchange Commission filing Friday.
In a brief filing with the SEC, DirecTV and AT&T said they have elected to extend the May 18, 2015 ‘Termination Date’ of the merger agreement for a short period of time to facilitate obtaining final regulatory approval required to close the merger.”
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