January 2007
Multichannel News;1/8/2007, Vol. 28 Issue 2, p32
The article focuses on the decision of Banc of America Securities LLC analyst Doug Shapiro to lower the rating of direct broadcast satellite television company DirecTV Group from "neutral" to "buy." The reason for the decline in rating was attributed to the announcement of DirecTV's sale to Liberty Media Corp. According to Shapiro, a large buyback or special dividend is possible after the swap closes in six months.


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