Marketplace®

Daily business news and economic stories

PODCAST: AT&T bids $48.5 billion for DirecTV

We visit Smithfield Market in London. And a look at London's business environment.

AT&T is buying satellite TV company DirecTV in a $48.5 billion deal. Like so many other media mergers, the news has executives and Wall Street analysts tossing around corporate buzzwords. There’s the old favorite “synergy,” of course. But “bundle” is the key word for this proposed combination.

And we’re reporting from London this week, and what London market report would be complete without a visit to Smithfield Market? Where even at 1:30 in the morning you can buy wholesale bits of cattle. Michell Hucks, who works at Abslom and Tribe at Smithfield, gives us an inside look.

Banks, brokers, markets — London has it all. Add to that a sturdy legal system and you can begin to understand why it’s the financial capital of the world. The city is loved by its locals and foreigners seeking a safe — and profitable — haven.

 

Related Topics

Collections:

Latest Episodes

View All Shows
  • Marketplace
    8 hours ago
    25:19
  • Make Me Smart
    14 hours ago
    19:00
  • Marketplace Morning Report
    17 hours ago
    6:55
  • Marketplace Tech
    21 hours ago
    8:33
  • This Is Uncomfortable
    3 days ago
    56:05
  • Million Bazillion
    24 days ago
    32:45