(A Top Pick Nov 28/13. Up 26.62%.) Being acquired by AT&T (T-N)
This company sells satellite Pay-TV in the US. 20 million subscribers. In Latin America and have 17 million subscribers. Penetration rate of Pay-TV in Latin America is about 25%-30% versus 90%-95% in North America. At some point in time, the penetration rate is going to continue to increase and get to North American levels. They don’t have to do anything with infrastructure. Very low capital intensive business. Buying back stock and have shrunk the float 40% over the last 3 years.
DirectTV Group is a OTC stock, trading under the symbol DTV-Q on the (). It is usually referred to as or DTV-Q
In the last year, there was no coverage of DirectTV Group published on Stockchase.
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In the last year, there was no coverage of DirectTV Group published on Stockchase.
On , DirectTV Group (DTV-Q) stock closed at a price of $.
(A Top Pick Nov 28/13. Up 32.7%.) Being taken over by AT&T (T-N), which made an offer of $95 a share. There is a 12 month regulatory closing and there is some risk that the deal could not close. He is holding on.