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

DirecTV, the satellite TV and streaming provider, is now under new corporate ownership. AT&T has finished selling its stake ...

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

To automatically receive AT&T financial news by email, please subscribe to email alerts. About AT&T We help more than 100 ...

AT&T announced earlier this year that it would spin its video properties DirecTV, AT&T TV, and U-verse into a new company it would co-manage with private equity firm TPG Capital. That transaction ...

The pact with TPG implies an enterprise value of $16.25 billion, a far cry from the $48.5 billion that AT&T paid for DirecTV in 2015. AT&T will own the remaining 70% of the new entity.

AT&T purchased DirecTV for $48.5 billion back in 2015. But in 2021, following the loss of millions of customers, AT&T sold a 30% stake of the business to TPG.

TPG said it will invest in DIRECTV through TPG Capital, the firm's U.S. and European private equity platform. DIRECTV also plans to make a special distribution of at least $1.625 billion to its ...

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. TPG bought a 30 ...

TPG (NASDAQ: TPG), a leading global alternative asset management firm, today announced the completion of its acquisition from AT&T of the remaining 70% stake ...

AT&T finalised the sale of its remaining 70 per cent stake in DirecTV to TPG Capital, concluding a deal that was struck in ...