FCC chairman recommends OK of $48.5B AT&T-DirecTV deal

NEW YORK (AP) – The head of the Federal Communications Commission has recommended approving AT&T’s $48.5 billion purchase of DirecTV. The deal would create the country’s largest provider of cable or satellite TV. FCC Chairman Tom Wheeler said in a statement Tuesday that he approved the deal with certain conditions. The other four commissioners still haveā€¦