AT&T, DirecTV Merger Clears Final Hurdle

Telecom giant AT&T’s proposed $49 billion acquisition of El Segundo satellite TV provider DirecTV has cleared its last regulatory step with at least three of the five commissioners with the Federal Communications Commission voting Thursday in favor of the deal but with conditions, according to sources, CNBC reports. In order to meet the conditions, which include measures to protect consumers, the FCC, may for the first time establish an independent monitor.