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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 ...
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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 ...
Post-transaction, DIRECTV shareholders will own between 14.5% and 15.8% of AT&T shares on a fully-diluted basis based on the number of AT&T shares outstanding today.
Four years ago, AT&T purchased DirecTV for $49 billion, or $67.1 billion including debt. Now DirecTV is flailing badly enough that it is at the heart of an activist shareholder revolt against AT&T ...
AT&T is spinning off its DirecTV into a new company for a fraction of the $48.5 billion it paid for the satellite TV service in 2015. DirecTV has lost millions of customers on AT&T’s watch, ...
When AT&T bought DirecTV, the satellite service had 20.3 million US customers, and AT&T’s own U-verse cable system had another 5.7 million, for a total of 26 million.
AT&T's decision to exempt DirecTV Now from the data caps on its own mobile network has been controversial, with AT&T being forced to address accusations from the Federal Communications Commission ...
AT&T owns 70% of DirecTV, which announced in January it would drop OAN, a network known for promoting false 2020 election reports. The move came three months after Reuters revealed that AT&T ...
As expected the boards of AT&T and DirecTV have approved a deal for AT&T to acquire the sateillte TV company to the tune of about $48.5 billion. The deal will be a stock and cash deal. Assuming ...
After months of discussions, AT&T finally clinched pay TV brand DirecTV in a deal valued at $48.5 billion. The American telecom carrier will sell its equity stake in America Movil, which has ...
AT&T says it views its planned $48.5 billion purchase of DirecTV as a way to help redefine the video entertainment industry, giving it opportunities to bundle services and tap into growing Latin ...