AT&T sells DirecTV stake to TPG for $7.6 billion and DirecTV announces merger with Dish
DirecTV promptly announces deal to acquire EchoStar’s video business that includes Dish TV and Sling TV, cementing a combination the two have sought for decades.
AT&T sells stake in DirecTV for $7.6 billion as it exits entertainment biz, as DirecTV buys Dish
AT&T is selling its remaining 70% stake in DirecTV to private equity firm TPG a decade after agreeing to buy the satellite TV provider.
AT&T sells DirecTV stake in blockbuster pay TV merger
AT&T is selling its 70% stake in DirecTV in a seismic deal for the satellite television world that will make the combined provider the biggest pay-TV
AT&T exits pay-TV and frees DirecTV to combine with rival Dish
DirecTV promptly announces deal to acquire EchoStar’s video business that includes Dish TV and Sling TV, cementing a combination the two have sought for decades.
AT&T sells remaining stake in DirecTV, exiting the entertainment industry
AT&T said Monday in a filing with the Securities and Exchange Commission that it will receive payments from TPG and DirecTV for its remaining 70% stake in the satellite TV company. This includes $1.7 billion in the second half of the year and $5.4 billion next year. The remaining amount will be paid in 2029.
AT&T exits showbiz, sells remaining stake in DirecTV to private equity firm TPG for $7.6 billion
AT&T is selling its majority stake in DirecTV to private equity firm TPG Partners for $7.6 billion, ending the communication giant's remaining ties to the entertainment industry. AT&T said Monday in a filing with the Securities and Exchange Commission that it will receive payments from TPG and DirecTV for its remaining 70% stake in the satellite TV company.
AT&T to Sell Rest of DirecTV to TPG
AT&T expects the deal to close in the second half of 2025. The tally includes $1.7 billion in distributions AT&T will receive this year, plus $5.4 billion of after-ta
DirecTV buys DISH, Sling after AT&T sells remaining stock
A series of business moves on Monday is impacting the way that cable TV may be available as cordcutters help push streaming services to record usage.
EchoStar to Sell Video Distribution Business to DirecTV; AT&T Divesting DirecTV Stake to TPG
EchoStar (SATS) agreed to sell its video distribution business, which includes Dish TV and Sling TV, to satellite television provider DirecTV in a debt-exchange transaction, the companies said Monday.
DirecTV To Merge With Dish Network As AT&T Exits Pay-TV Business
DirecTV will buy rival Dish TV from EchoStar, forging the largest U.S. pay-TV provider. Earlier Monday, AT&T agreed to sell its remaining 70% stake in DirecTV to private equity firm TPG for about $7.6 billion.
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AT&T Agrees to Sell DirecTV Holding to TPG for $7.6 Billion
AT&T Inc. said it had agreed to sell its majority stake in DirecTV to private equity firm TPG Inc. for $7.6 billion in cash.
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