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 exits entertainment industry with a $7.6 billion sale of its majority stake in DirecTV to private equity firm TPG
NEW YORK (AP) — AT&T exits entertainment industry with a $7.6 billion sale of its majority stake in DirecTV to private equity firm TPG.
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 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.
Price-gouging complaints about the cost of fuel, water, and hotels are surging in states hit by Hurricane Helene
As Hurricane Helene hit southeastern states, complaints of price gouging on gas and hotels surged, particularly in the ...
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Here's Why Analysts Think iPhone 16 Sales Could Start Strong
David Paul Morris / Bloomberg / Getty Images Apple's iPhone 16 sales could get a boost from the promotions offered by leading cellular carriers like Verizon and AT&T, analysts said. Bank of ...
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 ...
Chappell Roan Hits No. 1 on Artist 100 & Top Album Sales Charts for First Time
Her "The Rise and Fall of a Midwest Princess" has its biggest sales week ever in the wake of its first anniversary reissue.