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 has officially exited the entertainment business after closing the sale of its remaining 70% stake in DirecTV, giving full control to TPG. The private equity firm, which has $258 billion in ...

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 reached an agreement to sell its remaining stake in DIRECTV to TPG. This sale allows AT&T to continue to focus on being the leading wireless 5 G and fiber connectivity company in America.

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 selling its 70% stake in DirecTV in a seismic deal for the satellite television world that will make the combined provider the biggest pay-TV provider in the U.S.. Under the terms of the ...

AT&T ( (T) ) has provided an announcement. AT&T Inc. has struck a deal to divest its remaining stake in DIRECTV to TPG, which will result in the company receiving an expected $7.6 billion through ...

The stake sale comes as a much-needed exit for AT&T, which has been seeing dwindling distributions from DirecTV over the past several years. For the year ended Dec. 31, distributions stood at US$2 ...

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 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 ...