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FCC chairman recommends OK of $48.5B AT&T-DirecTV deal
AZ Central: NEW YORK (AP) -- The head of the Federal Communications Commission has recommended approving AT&T's $48.5 billion purchase of DirecTV. The deal would create the country's largest provider of cable or satellite TV.
FCC Chairman Tom Wheeler said in a statement Tuesday that he approved the deal with certain conditions. The other four commissioners still have to vote on the proposal.
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