AT&T Proposes Bid for DirecTV, Sprint May Make Offer Official for T-Mobile

AT&T has reportedly approached DirecTV about a takeover bid, and after months of speculation Sprint may be readying an official offer for T-mobile.
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Thursday was marked by reports of deal news. AT&T has reportedly approached DirecTV about a takeover bid, and after months of speculation Sprint may be readying an official offer for T-mobile. Sony cuts its earnings targets a third time as it struggles to find a cash cow amid a PC slump. Joya Dass reports for TheStreet.