DirecTV Buys Installation Firm

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DirecTV Group Inc. said Friday that it agreed to purchase 180 Connect Inc. to add installation service operations.


The El Segundo-based satellite TV provider said it will pay about $43 million or $1.80 a share for the Englewood, Colo., company representing an 80 percent premium on 180 Connect’s closing share price Thursday.


Shares in DirecTV were up 21 cents to $25.66 in early trading Friday.

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