AT&T is turning DirecTV into a standalone company

AT&T just announced an agreement with private equity firm TPG that will turn DirecTV into a standalone company, albeit one that’s still majority owned by the telecom giant. Specifically, AT&T says it will own 70% of the new company, while TPG owns 30%. This transaction values DirecTV at $16.25 billion — a dramatic decline from […]
https://tcrn.ch/3qWsDQ5

No comments:

Post a Comment