Dallas and El Segundo, California – AT&T and DirecTV announced on May 18 that they have entered into a definitive agreement under which AT&T will acquire DirecTV in a stock-and-cash transaction for US$95 per share based on AT&T’s closing price on May 16, resulting in an estimated price of US$48.5 billion. The agreement has been approved unanimously by the Boards of Directors of both companies. The transaction combines complementary strengths to create a unique new … [Read more...] about AT&T to acquire DirecTV
El Segundo
CEO Bryan G. Stockton named Chairman of Mattel
EL SEGUNDO, California – Mattel, Inc., have announced that the Board of Directors has named CEO Bryan G. Stockton, 59, as Chairman of the Board effective January 1, 2013. Stockton succeeds Robert A. Eckert, 58, who will be retiring from his service as director and Chairman of the Board effective December 31, 2012. Stockton will continue to hold the position of chief executive officer, a position held since January 2012. "During the last year as CEO, Bryan has further demonstrated his … [Read more...] about CEO Bryan G. Stockton named Chairman of Mattel
