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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Churchill Capital Corp IV | NYSE:CCIV | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 24.25 | 0 | 01:00:00 |
From May 2019 to May 2024
By Cara Lombardo and Drew FitzGerald
AT&T Inc. received bids for its DirecTV unit valuing the satellite-TV service at more than $15 billion including debt, according to people familiar with the matter, as the widely watched auction winds toward a resolution.
Among those submitting bids above that level was Churchill Capital Corp. IV, a blank-check company run by former banker Michael Klein, the people said. Apollo Global Management Inc., long seen by many as the front-runner to buy DirecTV, submitted a bid valuing the business at less than $15 billion, some of the people said.
The auction is in a late stage and should the company reach a deal with one of the suitors, it could be completed by early next year.
--Miriam Gottfried contributed to this article.
Write to Cara Lombardo at cara.lombardo@wsj.com and Drew FitzGerald at andrew.fitzgerald@wsj.com
(END) Dow Jones Newswires
December 09, 2020 10:18 ET (15:18 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
1 Year Churchill Capital Corp IV Chart |
1 Month Churchill Capital Corp IV Chart |
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