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Direcpath, a joint venture of DirecTV Group Inc. and Hicks Holdings LLC, signed a definitive agreement to acquire Apartment Mediaworks LLC, Hicks Holdings announced Sept. 11.

Mediaworks, based in Atlanta, provides pay-TV, broadband Internet and related services to multiple dwelling unit (MDU) and gated-community owners in the southeastern United States.

Direcpath was formed in May to provide bundled DirecTV programming, broadband voice and data and security services to the same market. Financial terms of the deal, the largest to date for Direcpath, were not released. Completion of the transaction is expected to occur within 30 to 45 days.

“We’re excited about the Mediaworks acquisition because it enables Direcpath to rapidly build the critical mass necessary to compete in major markets across the Southeast and provide MDU owners with a compelling bundle of products that includes the full array of DirecTV’s industry-leading content and services,” John Suranyi, president of DirecTV sales and service, said in a statement.

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