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

AT&T has completed its spinoff of struggling satellite TV provider DirecTV in a deal backed by private-equity firm TPG. Earlier this year, the telecom giant announced the sale, which valued ...

TPG, an alternative asset management firm, has announced the completion of its acquisition from AT&T of the remaining 70 per ...

So, AT&T has looked for a DIRECTV escape hatch for years and TPG provided one, starting with the 2021 sale of 30 percent of the company and now the remaining 70 percent.

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 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 has agreed to sell its 70% stake in DirecTV. Does that now make the stock more attractive to income-hungry investors? AT&T said it would sell the holding to the private-equity firm TPG, which ...

AT&T's sale of its remaining 70% stake in DirecTV is expected to close in the second half of 2025. Both parties have the right to walk away from the deal if it hasn't closed by Oct. 31, 2025 ...

The stock portion will be subject to a collar such that DIRECTV shareholders will receive 1.905 AT&T shares if AT&T stock price is below $34.90 at closing and 1.724 AT&T shares if AT&T stock price ...

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 ...

AT&T Exploring Sale Of DirecTV Stake: Report - 10/05/2023. ... AT&T bought DirecTV in 2015 for $48.5 billion plus $17 billion in debt.

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 ...