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DirecTV to become standalone company through $16B AT&T, TPG deal

February 25, 2021

Telecom giant AT&T has inked a deal with private equity firm TPG that calls for struggling satellite TV provider DirecTV to become a standalone company. The deal calls for AT&T to sell a 30 percent stake in DirecTV, AT&T TV and its U-Verse to TPG in exchange for $1.8 billion in cash. The transaction values… Read More

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