"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

itoggle caption Seth Perlman, Reed Saxon/AP

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