AT&T sells stake in DirecTV for $7.6 billion as it exits ... - CBS News
WEB6 days ago · 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. The deal, announced ...
TPG to Acquire AT&T’s 70% Stake in DIRECTV | TPG
WEB6 days ago · TPG will invest in DIRECTV through TPG Capital, the firm’s U.S. and European private equity platform. Since 2021, DIRECTV has operated as a joint venture between AT&T and TPG consisting of DIRECTV, DIRECTV STREAM and U-verse video services previously owned and operated by AT&T.
TPG to Acquire AT&T’s 70% Stake in DIRECTV | TPG Inc.
WEBTPG will invest in DIRECTV through TPG Capital, the firm’s U.S. and European private equity platform. Since 2021, DIRECTV has operated as a joint venture between AT&T and TPG consisting of DIRECTV, DIRECTV STREAM and U-verse video services previously owned and operated by AT&T.
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.
TPG to Acquire AT&T’s 70% Stake in DIRECTV - Yahoo Finance
WEBSep 30, 2024 · SAN FRANCISCO & FORT WORTH, Texas, September 30, 2024--TPG (NASDAQ: TPG), a leading global alternative asset management firm, today announced it has reached an agreement to acquire from AT&T...
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 by ...
AT&T Agrees to Sell DirecTV Holding to TPG for $7.6 Billion
WEBSep 30, 2024 · AT&T Inc.had agreed to sell its majority stake in DirecTVto private equity firm TPG Inc. for $7.6 billion in cash. The payments include $1.7 billion in pre-tax quarterly distributions in the ...
TPG to Acquire AT&T’s 70% Stake in DIRECTV - Nasdaq
WEBSep 30, 2024 · SAN FRANCISCO& FORT WORTH, Texas---- TPG, a leading global alternative asset management firm, today announced it has reached an agreement to acquire from AT&T the remaining 70% stake in DIRECTV ...
TPG to Acquire AT&T’s 70% Stake in DIRECTV - Business Wire
WEBSep 30, 2024 · SAN FRANCISCO & FORT WORTH, Texas-- (BUSINESS WIRE)--TPG (NASDAQ: TPG), a leading global alternative asset management firm, today announced it has reached an agreement to acquire from AT&T the...
TPG to Acquire AT&T’s 70% Stake in DIRECTV - FT.com
WEBSep 30, 2024 · Under the terms of the transaction, TPG will make an initial payment of $2.0 billion, subject to certain deductions, to AT&T during 2025 and additional payments to AT&T totaling $500 million in 2029. AT&T expects to receive approximately $7.6 billion in cash payments from DIRECTV through 2029. The transaction …