AT&T Said to Aim to Announce DirecTV Deal by Monday

AT&T Inc. is aiming to announce an agreement to acquire DirecTV by tomorrow, according to a person familiar with the matter, adding satellite-TV subscribers as the biggest competitors in the pay-TV industry bulk up.

Both boards are scheduled to vote today on the terms, said the person who asked not to be identified because the information is private. While the two sides had expected the deal to take longer, they made progress on key structures of the transaction in recent days, two people said.