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The satellite TV giant, which is now fully owned by the private equity firm, expects to increase its investments in video ...
TPG (NASDAQ: TPG), a leading global alternative asset management firm, today announced the completion of its acquisition from ...
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 ...
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DirecTV Has a New Owner
DirecTV, the satellite TV and streaming provider, is now under new corporate ownership. AT&T has finished selling its stake ...
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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 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 ...
DirecTV agreed to buy satellite rival Dish network Monday, ... The deal also provides a much-needed exit to AT&T, which is selling its 70% stake in DirecTV to TPG for $7.6 billion.
DirecTV to Acquire Dish and Sling TV, Creating Largest U.S. TV Provider. The merger of EchoStar's video businesses and DirecTV will also coincide with TPG agreeing to buy out the 70 percent of ...
DirecTV will take on $9.75 billion of Dish debt if the deal is completed. In a related transaction also announced today , private equity firm TPG plans to buy AT&T's 70 percent stake in DirecTV.
Private equity firm TPG has reached an agreement to acquire the remainder of DirecTV and EchoStar’s wider satellite TV business, including Dish.