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AT&T Picks Up DirectTV For $48.5 Billion Dollars Pending Approvals

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Well, we’re starting to see just how much of our money some of these big companies have. AT&T has just plunked down $48.5 billion on DirectTV, Google picked up twitch.tv for $1 billion and Apple is rumored to be waiting in the wings to pick up Beats for $3.2 billion. The DirectTV buy has been approved by the boards of both companies but will have to pass regulatory approval as well as shareholder approval. 

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