DIRECTV Stockholders Approve Merger with AT&T Inc.
Press release from the issuing company
Monday, September 29th, 2014
At a special meeting today, DIRECTV stockholders voted overwhelmingly to approve DIRECTV’s proposed merger with AT&T Inc. The final voting results indicate more than 99 percent of votes cast were in favor of the adoption of the merger agreement, representing 77 percent of all outstanding shares.
The proposed merger remains subject to regulatory review and approval including expiration of waiting periods mandated by the Hart Scott Rodino Act to permit review and appropriate action by the U.S. Department of Justice and review and approval by the U.S. Federal Communications Commission for required transfer of licenses and other FCC authorizations, as well as approval by certain international regulatory bodies. The transaction is expected to be completed in the first half of 2015.