Randall Stephenson, chairman and CEO of AT&T, introduces President Obama before the latter's remarks Dec. 3 at the quarterly meeting of the Business Roundtable, a group Stephenson chairs. Stephenson has said that increasing regulation of the broadband industry — as proposed by the president — would have a substantial chilling effect on its investment in infrastructure. Pool/Getty Images hide caption

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"I was scratching my head," one analyst says of news that AT&T will acquire satellite TV company DirecTV for $48.5 billion in cash and stock, or $95 per share. Analysts are mixed in their reactions to the deal. Seth Perlman, Reed Saxon/AP hide caption

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The seal of the CIA at the agency's headquarters in Virginia. Greg E. Mathieson Sr. /MAI/Landov hide caption

itoggle caption Greg E. Mathieson Sr. /MAI/Landov