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
Many people and business entities own Target, since it is a publicly-owned company with shares listed on the New York Stock Exchange. State Street Corporation was the largest shareholder as of June 30, 2014, owning 9.94 percent of the shares outstanding.Full Answer >
Apple Inc. is owned by its shareholders. According to Dividend.com, the top five individual shareholders as of 2014 are Arthur Levinson, who owns more than 1.1 million shares; Tim Cook, with 950,767 shares; Al Gore, with 437,661 shares; Robert Mansfield, with 346,801 shares; and Craig Federighi with 318,592 shares.Full Answer >
In 2008, Budweiser was purchased by InBev, a company that is headquarterd in both Belgium and Brazil. The brewing company behind Budweiser, Anheuser-Busch, merged with InBev in a $52 billion merger deal. As of 2014, this merged company is known as Anheuser-Busch InBev.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 >