AT&T Set To Announce DirecTV Acquisition Sunday

AT&T Set To Announce DirecTV Acquisition Sunday
A DirecTV technician carries a new satellite TV dish while performing a new installation for a tenant at a apartment building in Lynwood, California, U.S., on Monday, May 5, 2014. DirecTV beat analysts' first-quarter profit estimates on higher bills for U.S. customers and more subscriber sign-ups than expected in Latin America. Photographer: Patrick T. Fallon/Bloomberg via Getty Images
A DirecTV technician carries a new satellite TV dish while performing a new installation for a tenant at a apartment building in Lynwood, California, U.S., on Monday, May 5, 2014. DirecTV beat analysts' first-quarter profit estimates on higher bills for U.S. customers and more subscriber sign-ups than expected in Latin America. Photographer: Patrick T. Fallon/Bloomberg via Getty Images

AT&T is on track to announce its acquisition of the satellite company DirecTV this Sunday, before markets open Monday and sooner than many observers anticipated, a source familiar with DirecTV’s plans told BuzzFeed.

“The deal is done,” the source said, adding that DirecTV CEO Mike White has already informed senior executives that the deal is finished and plans to give public confirmation Sunday.

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