05/17/2014 03:29 pm ET Updated May 17, 2014

AT&T Set To Announce DirecTV Acquisition Sunday

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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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