On May 18, 2014, AT&T announced that it had “entered into a definitive agreement” to buy DIRECTV for stock and cash valued at $95 a share. The boards of directors of both companies have voted unanimously in favor of the deal, which is subject to federal approval. Previously, DIRECTV was owned and operated by The DIRECTV Group and Hughes Corporation.Know More
DIRECTV’s proposed merger with AT&T will combine AT&T’s expertise in telephony and mobile computing with DIRECTV’s distribution services and its 20,265,000 subscriber base. DIRECTV launched June 17, 1994, with 320,000 subscribers to provide satellite television to the United States, Latin America and the Caribbean. By October 1994, DIRECTV service became available nationwide in the United States.
As with cable television, subscribers choose programming bundles that offer different kinds of programming and more or fewer channels for different monthly rates. Famous for its sports packages that offer most out-of-market games for Major League Baseball, the NFL, the NBA, NCAA March Madness, etc., DIRECTV also offers over 185 high-definition channels. Built on a service model similar to cable television, DIRECTV provides subscribers with a satellite receiver and dish to receive programming direct in their homes. Some of the many advantages are clarity of picture, CD-quality sound and reliable signal even in bad weather. DIRECTV common stock, symbol DTV, is traded publicly on the NASDAQ exchange.Learn more about Corporations
As a publicly traded company, eBay is owned by stockholders. The founder of eBay is Pierre Omidyar, who is the largest stakeholder in the company, with over 105 million shares as of February 2014. John Donahoe is eBay's CEO.Full Answer >
Managers should ask open-ended questions at a skip-level meeting to encourage employees to share their ideas. These questions are always approached from a positive frame of mind. To start the meeting, ask what the group enjoys most about working for the company. After hearing responses, follow them up with a feedback inquiry. Ask what type of feedback is needed the most.Full Answer >
Some McDonald's stores are corporately owned, which means shareholders own them. Others are owned and operated by individual or group franchisees. Franchised store owners pay fees to McDonald's for the right to operate their restaurants and earn income using the McDonald's brand name.Full Answer >
Poundstretcher is owned by Aziz Tayub, according to the Independent, a British newspaper. Aziz gained ownership after the company was purchased by Seaham Investments, a subsidiary of Crown Crest Group, the food and distribution company run by Aziz and his brother, Rashid.Full Answer >