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Monday, September 30, 2024

AT&T agrees to sell its majority stake in DirecTV to private equity firm TPG for $7.6B in cash, including $1.7B in pre-tax quarterly distributions in H2 2024 (Amy Thomson/Bloomberg)

Amy Thomson / Bloomberg:
AT&T agrees to sell its majority stake in DirecTV to private equity firm TPG for $7.6B in cash, including $1.7B in pre-tax quarterly distributions in H2 2024  —  - DirecTV is holding advanced talks to merge with rival Dish  — AT&T and TPG are owners of DirecTV, which was founded in 1994

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