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Transcripts For CNBC Squawk On The Street 20140519

Hour. At t buy iing direct tv 48 billion. It is about cost, scale and mobil video. But not all deals getting done today. Astra seneca that means something. Facebook firing back at sn snapchat. Youtube buying twitch for more than 1 billion. First up. At t acquire iing the provider 95 a share. The combined company would have combined providers in the us. 67 billion when you throw in de dead. We have been sitting here talking about this for a couple of weeks now. Talks took place years ago as well. This is not a foreign deal. Although many of us have been saying wouldnt this be a better alternative. I got a lot of push back from the Company Chairman and ceo. Remember the preferred alternative including the premier content relationships such as nfl sunday tickets. This deal was predicated on making sure that they renew it. Both sides tell us that they are going to get the nfl deal done. If it doesnt, at t can walk. You have no broad brand and a company that is willing to pay a 30 premium.

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