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An AT&T sign is shown on a building in downtown San Diego, California March 18, 2014. REUTERS/Mike Blake

AT&T in talks to buy DirecTV for nearly $50 billion

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By Soyoung Kim and Ronald Grover

NEW YORK/LOS ANGELES - AT&T Inc is in active talks to buy satellite TV provider DirecTV and may complete a deal in the next few weeks that could be worth close to $50 billion, two people familiar with the matter said on Monday.

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