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

AT&T previously said it expects to receive approximately $7.6 billion in cash payments from DirecTV and TPG through 2029, which includes $1.7 billion in pre-tax quarterly distributions in the ...

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

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 will sell its remaining 70% stake in DirecTV to partner TPG for $7.6 billion. The sale does not depend on TPG completing its plan to also acquire EchoStar's Dish Network and Sling television ...

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 (T) is considering selling DirecTV, according to the Wall Street Journal. The satellite TV business has been losing subscribers amid a worldwide shift to streaming modes of media. An activist ...

With the sale of its 70% stake in satellite television provider DIRECTV, telecom giant AT&T (T-0.88%) is finally fully out of the media business.. The company wasted many billions of dollars over ...

Summary. Despite recent reports, I cannot believe that AT&T management would walk away from an offer to sell DIRECTV for $15 billion. Assuming the sale goes forward, it is likely that AT&T will ...

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.