Prominent analyst skeptical of AT&T/DirecTV sale reports

Telecom giant AT&T may be trying to unload struggling satellite TV provider DirecTV, but shareholders shouldn’t expect a sale anytime soon, one prominent analyst warned. AT&T has “overvalued” the “albatross” that is DirecTV, leading to skepticism that suitors circling the assets will actually reach a deal, Craig Moffett of MoffettNathanson said on Monday. Moffett said...

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