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AT&T sells DirecTV stake to TPG for $7.6bn

By Benjamin Chiou

Date: Monday 30 Sep 2024

(Sharecast News) - American telecoms giant AT&T is to sell its 70% stake in satellite television provider DirecTV to private-equity firm TPG for a total of $7.6bn.
AT&T, which purchased DirecTV in 2015 before selling a 30% shareholding to TPG in 2021, said in a statement that its investment has achieved...

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