AT&T has officially exited the entertainment business after closing the sale of its remaining 70% stake in DirecTV to TPG. The private equity firm, which has $258 billion in assets under management, ...

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

Founded in San Francisco in 1992, TPG has $229 billion of assets under management TPG has agreed to acquire the remaining 70 percent stake in DirecTV from AT&T that it does not already own.

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

WarnerMedia Parent AT&T Sells DirecTV Stake To Private Equity Firm TPG. Jill Goldsmith. ... “We certainly didn’t expect this” in 2015 when the telco giant acquired DirecTV for $48 billion ...

In connection with Monday’s deal, TPG will acquire the 70% stake in DirecTV that it doesn’t already hold from AT&T in a $7.6 billion cash transaction. AT&T paid $67 million for DirecTV in 2015.

SAN FRANCISCO & FORT WORTH, Texas - TPG, a global alternative asset firm, has announced its plan to purchase AT&T's remaining 70% stake in DIRECTV. This move, expected to close in the second half ...

AT&T to Sell Stake in DirecTV and Video Business to TPG AT&T will receive $7.8 billion in the deal, which it will use to pay down its mounting debt load. By Georg Szalai , Alex Weprin ...

AT&T and TPG Capital have agreed to spin off its DirecTV, AT&T and U-Verse business, reported CNBC, citing an SEC filing. According to the agreement, the new company will be called DirectTV. The ...

DirecTV announced a deal to acquire EchoStar's Dish and Sling TV for $1 plus assumption of nearly $10 billion in debt. ... In addition, AT&T said it will sell its 70% stake in DirecTV to TPG, ...

Private equity firm TPG has entered into exclusive talks to acquire a minority stake in AT&T Inc’s satellite TV division, DirecTV, in a deal that would allow the U.S. wireless carrier to trim ...