Bloomberg put the price tag at about $50 billion.
The Journal reported that the two sides are discussing a deal that AT&T would pay for using a mix of cash and its stock.
Bloomberg reported that DirecTV management would still run the company as part of AT&T.
DirecTV shares closed at $87.16 Monday.
- A second wave of bomb threats sent to Jewish community centers brought the number of locations threatened on Monday to 29.
- Trump accused Barack Obama of organizing recent protests against him and leaking information from the White House to the press.
- Accounting firm PricewaterhouseCoopers fessed up to the Oscars oops that caused "La La Land" to be named best picture instead of "Moonlight."
- Elon Musk announced that his SpaceX company will send two tourists around the moon by 2018 🚀🌝