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 ...
The company logo hangs over the door to a AT&T ... experts over the last few years. Shortly before DirecTV made its announcement, AT&T said it was selling its remaining stake in DirecTV to private ...
There is no question that the DirecTV deal turned out badly for AT&T. When the company sold the 30 per cent stake to TPG, the two companies valued the business at $16.25bn, including debt (the ...