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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 ...
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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 ...
The sale involves a 70 percent stake that AT&T retained for itself after spinning out DirecTV into a separate, privately-held ...
TPG, an alternative asset management firm, has announced the completion of its acquisition from AT&T of the remaining 70 per ...
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AT&T announced earlier this year that it would spin its video properties DirecTV, AT&T TV, and U-verse into a new company it would co-manage with private equity firm TPG Capital. That transaction ...
SAN FRANCISCO - TPG (NASDAQ:TPG) has completed its acquisition of the remaining 70% stake in DIRECTV from AT&T, making the pay TV provider a wholly owned portfolio company of TPG Capital, the firm ...
The pact with TPG implies an enterprise value of $16.25 billion, a far cry from the $48.5 billion that AT&T paid for DirecTV in 2015. AT&T will own the remaining 70% of the new entity.
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 ...
TPG (NASDAQ: TPG), a leading global alternative asset management firm, today announced the completion of its acquisition from AT&T of the remaining 70% stake ...
SAN FRANCISCO - TPG (NASDAQ:TPG) has completed its acquisition of the remaining 70% stake in DIRECTV from AT&T, making the pay TV provider a wholly owned portfolio company of TPG Capital, the firm ...