AT&T says it will sell remaining stake in DirecTV
AT&T announced on Monday to sell its remaining 70% stake in DirecTV to the California private equity firm TPG totaling billions.
AT&T (NYSE:T) Sells Remaining Stake in DIRECTV to Private Equity Group
AT&T (NYSE:T) is exciting the entertainment business and selling its remaining 30% stake in DIRECTV to Dallas based private equity group TPG. The deal is expected to bring in approximately $7.6 billion in cash with payments spread out through 2029.
AT&T to sell remaining stake in DirecTV to private equity firm
The company expects to see an influx of cash to the tune of nearly $8 billion from the sale of its 70 percent stake in the pay TV business.
AT&T sells DirecTV stake to TPG for $7.6 billion and DirecTV announces merger with Dish
DirecTV promptly announces deal to acquire EchoStar’s video business that includes Dish TV and Sling TV, cementing a combination the two have sought for decades.
AT&T exits entertainment industry with a $7.6 billion sale of its majority stake in DirecTV to private equity firm TPG
AT&T exits entertainment industry with a $7.6 billion sale of its majority stake in DirecTV to private equity firm TPG
AT&T Agrees to Sell DirecTV Holding to TPG for $7.6 Billion
AT&T Inc. had agreed to sell its majority stake in DirecTV to private equity firm TPG Inc. for $7.6 billion in cash.
AT&T exits showbiz, sells remaining stake in DirecTV to private equity firm TPG for $7.6 billion
AT&T has already sold 30% of the DirecTV business to the TPG firm, and will sell the rest of the company for $7.6 billion.
TPG to Acquire AT&T’s 70% Stake in DIRECTV
TPG (NASDAQ: TPG), a leading global alternative asset management firm, today announced it has reached an agreement to acquire from AT&T the remaining 70% stake in DIRECTV that it does not already own.
AT&T Finally Gets Out of the Media Business With DIRECTV Sale
On Monday, AT&T announced that it was selling its remaining 70% stake in DIRECTV to its private equity partner, which will ...
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AT&T offloads DirecTV for $7.6bn to TPG
In the recently announced deal, minority stakeholder TPG Capital will assume full company ownership of DirecTV.
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AT&T sells DirecTV as it bows out of the entertainment business
AT&T is selling its remaining 70% stake in DirecTV to private equity firm TPG a decade after agreeing to buy the satellite TV ...