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AT&T agrees to sell remaining stake in DirecTV to TPG for $7.6B, marking its exit from satellite TV business.
AT&T Inc. said it had agreed to sell its majority stake in DirecTV to private equity firm TPG Inc. for $7.6 billion in cash.
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TPG has agreed to acquire the remaining 70 percent stake in DirecTV from AT&T that it does not already own.
In the recently announced deal, minority stakeholder TPG Capital will assume full company ownership of DirecTV.
AT&T Inc. acordó vender su participación mayoritaria en DirecTV a la empresa de capital riesgo TPG Inc. por US$7.600 millones ...
TPG Inc. (TPG), an alternative asset management firm, Monday said it has signed an agreement to acquire its remaining 70 percent ...
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AT&T said on Monday it would sell its entire 70% stake in satellite TV provider DirecTV to private equity firm TPG for $7.6 ...
The telecom giant has struck a deal to transfer its 70% share of DirecTV to the private-equity firm.
AT&T exits entertainment industry with a $7.6 billion sale of its majority stake in DirecTV to private equity firm TPG ...