Private equity firm TPG completed its $7.6 billion purchase of the 70% stake it didn't already hold in DirecTV from AT&T. Why ...

The satellite TV giant, which is now fully owned by the private equity firm, expects to increase its investments in video ...

The sale involves a 70 percent stake that AT&T retained for itself after spinning out DirecTV into a separate, privately-held ...

AT&T is lowering curtain on its foray into the entertainment business, selling its majority stake in satellite TV provider DirecTV to private equity firm TPG for $7.6 billion.

AT&T to Sell Stake in DirecTV and Video Business to TPG. ... AT&T has been looking at the sale of additional non-core assets to reduce its debt, which stood at $147.5 billion at the end of 2020.

AT&T Exploring Sale Of DirecTV Stake: Report - 10/05/2023. AT&T uses its 70% stake in the standalone DirecTV company to offset debt, which may outweigh ongoing subscriber losses.

With the sale of its 70% stake in satellite television provider DIRECTV, telecom giant AT&T (NYSE: T) is finally fully out of the media business.

AT&T is reportedly exploring a sale of its 70% stake in DirecTV, has until August 2024 to sell under pact inked with satellite service spinoff in 2021.

AT&T (NYSE: T), has hired Goldman Sachs Group Inc. (NYSE: GS) to see through the process of offloading its stake in DirecTV, according to a Wall Street Journal report.What Happened: AT&T acquired ...

Sept. 30 (UPI) --AT&T announced on Monday it will sell its remaining 70% stake in DirecTV to the California private equity firm TPG totaling billions. While the deal still has to clear customary ...

AT&T Exploring Sale Of DirecTV Stake: Report - 10/05/2023. Subscribe to your choice of industry specific newsletters, save $100 on conferences, search member directories, comment on stories and more.

AT&T finalised the sale of its remaining 70 per cent stake in DirecTV to TPG Capital, concluding a deal that was struck in ...