5 hours AT&T (NYSE:T) Sells Remaining Stake in DIRECTV to Private Equity Group 24/7 Wall St.

AT&T (NYSE:T) is exciting the entertainment business and selling its remaining 30% stake in DIRECTV to Dallas based private equity group TPG. The deal is expected to bring in approximately $7.6 billion in cash with payments spread out through 2029. AT&T (“the Company”) reached an agreement to sell its remaining stake in DIRECTV to TPG. […]

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