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AT&T, EchoStar Deal Nears

Stock quotes in this article: T , DISH  

AT&T (T Quote) and EchoStar (DISH Quote) are preparing the final terms of a $29.5 billion buyout deal that could be announced this week, TheStreet.com has learned.

Negotiations for AT&T to buy EchoStar have turned "hot and heavier over the last week" as bankers for the two companies try to hammer out an agreement, says a source familiar with the discussions.

The final price for the satellite-TV operator is still in negotiation, and it's likely to be somewhere between $64 to $68 a share, the source said. ...

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