AT&T’s $50 Billion DirecTV Buy Is Risky, Probably Not Great for You | TIME.com

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The problem with big spending is, if you don’t put it toward something worthwhile, it’s just a waste.

In the best case scenario, the acquired company is snapped up at a discount and revives overall growth for years to come.

More commonly, the big buyouts are merely attempts to buy time. Integrating incompatible operations for a couple of years, and providing excuses for large-scale layoffs.

via AT&T’s $50 Billion DirecTV Buy Is Risky, Probably Not Great for You | TIME.com.

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