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
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Scripps Networks Interactive names Managing Director for Asia Pacific
Knoxville, Tennessee – Derek Chang, who has made his mark in the satellite and cable television industry as one of the leading strategy and development executives, has been named Managing Director of Asia Pacific operations for Scripps Networks Interactive, Inc. Chang, who commences his role in April and based in Singapore, will report to President of International for Scripps Networks Interactive, Jim Samples. Chang will be responsible for designing and executing growth strategies in the … [Read more...] about Scripps Networks Interactive names Managing Director for Asia Pacific
