AT&T’s deal to buy T-Mobile USA for $39 billion got Wall Street traders fired up on Monday. The Dow Jones Industrial Average rose 178 points, or 1.5%, to 12,037. Broadcasting stocks also had a good day.
The RBR Radio Index was up 11.193, or 3%, to 387.547.
The TVBR Television Index was up 12.526, or 5%, to 262.735.
LIN, up 9.4%
Beasley, up 8.1%
Westwood One, up 6.1%
Emmis, down 1.6%
SBS, down 1%