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Keeping their eyes on the skies

As DirecTV moves to buy rival Primestar, analysts predict there may be more high-flying deals in the works.

As direct broadcast satellite giant DirecTV moves to buy rival Primestar, analysts predict there could be more high-flying deals in the works. America Online, aggressively exploring broadband options of late, may be considering an inventive move toward a future among the stars.

DirecTV to buy rival Primestar's assets
update The satellite subsidiary of GM's Hughes Electronics will purchase its archrival's assets for about $1.82 billion.

AOL may consider satellite deal
As America Online eyes more broadband deals, speculation is that the nation's leading Net service will look to the heavens for its next high-speed offering.

Excite-@Home deal pressures AOL
The world's largest online service is under greater pressure to provide high-speed Internet access through cable TV lines, following @Home's proposed $7.5 billion acquisition of Excite.