Marketplace for Monday May 19, 2014
The deal has been struck. AT&T announced it will aquire DirecTV for approximately $49 billion. We unpack all the pieces in play in this AT&T-DirecTV deal, and look at the sales job the company will have to do for regulators. Plus, Attorney General Eric Holder charged members of the Chinese military with "economic espionage." We look at the reaction following Monday morning's public announcement. Also, the U.S. is stepping up efforts to help Latin American coffee farmers fight a fungus called "coffee rust" that has been devastating coffee crops throughout the region. Finally, USAID today is announcing a $5 million partnership with Texas A&M's World Coffee Research center to tackle the fungus, which has cost Latin American coffee farmers $1 billion and could drive up coffee prices in the US.