AT&T sells stake in DirecTV for $7.6 billion as it exits ... - CBS News
WEBSep 30, 2024 · 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 Sells Remaining Stake in DIRECTV to TPG - AT&T Newsroom
WEBSep 30, 2024 · AT&T (NYSE:T) (“the Company”) reached an agreement to sell its remaining stake in DIRECTV to TPG. Under the agreement, the Company will sell its entire 70% stake in a non-contingent transaction subject only to customary closing conditions.
AT&T Finally Gets Out of the Media Business With DIRECTV Sale
WEBOct 2, 2024 · AT&T is selling its 70% stake in DIRECTV, the last major piece of the company's media empire. AT&T wasted billions of dollars on media acquisitions over the past decade, piling up debt in...
AT&T sells DirecTV for $7.6 billion: What it means | wfaa.com
WEBSep 30, 2024 · DALLAS — Dallas-based AT&T is selling its majority stake in DirecTV to private equity firm TPG Partners for $7.6 billion, ending the communication giant's remaining ties to the entertainment...
AT&T exits pay-TV business and frees DirecTV to combine with
WEBA T&T Inc. said Monday it has agreed to sell its 70% stake in satellite-TV company DirecTV Entertainment Holdings LLC to its partner, private-equity firm TPG Inc., for about $7.6 billion in cash...
AT&T sells stake in DirecTV to TPG for $7.6 bln | Reuters
WEBSept 30 (Reuters) - AT&T (T.N) said on Monday it would sell its entire 70% stake in satellite TV provider DirecTV to private equity firm TPG (TPG.O) for $7.6 billion, exiting a business marked...
AT&T to sell entire stake in DirecTV, which will combine with Dish …
WEBSep 30, 2024 · Telecommunications giant AT&T (T) is selling its remaining stake in DirecTV, as it looks to shift its focus back to wireless 5G and fiber connectivity offerings.
DirecTV and Dish Agree to Merge - WSJ - The Wall Street Journal
WEBSep 30, 2024 · AT&T agreed to sell its remaining 70% share of DirecTV to TPG for roughly $7.6 billion in payments through 2029, sealing the telecom giant’s exit from the entertainment business.
AT&T Agrees to Sell DirecTV Holding to TPG for $7.6 Billion (1)
WEBSep 30, 2024 · AT&T Inc. had agreed to sell its majority stake in DirecTV to private equity firm TPG Inc. for $7.6 billion in cash. The payments include $1.7 billion in pre-tax quarterly distributions in the second half of this year and $5.4 billion in after-tax distributions in 2025, AT&T said in a filing Monday.
AT&T Sells DirecTV, Company Focusing On Video And Streaming
WEBAug 2, 2021 · The DirecTV spin off follows a wave of dealmaking by AT&T. The company sold its businesses in central Europe for $1.1 billion, and sold Crunchyroll to Sony for $1.2 billion.