U.S. FCC chair proposes approval of AT&T-DirecTV merger -sources
July 21, 2015 at 16:58 PM EDT
WASHINGTON, July 21 (Reuters) - U.S. Federal Communications Commission (FCC) Chairman Tom Wheeler on Tuesday circulated an order to approve AT&T Inc's bid to buy DirecTV for $48.5 billion, according to people familiar with the matter.