Private equity firm TPG completed its $7.6 billion purchase of the 70% stake it didn't already hold in DirecTV from AT&T. Why ...

The satellite TV giant, which is now fully owned by the private equity firm, expects to increase its investments in video ...

DirecTV, the satellite TV and streaming provider, is now under new corporate ownership. AT&T has finished selling its stake ...

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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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 ...

AT&T purchased DirecTV for $48.5 billion back in 2015. But in 2021, following the loss of millions of customers, AT&T sold a 30% stake of the business to TPG.

DirecTV will take on $9.75 billion of Dish debt if the deal is completed. In a related transaction also announced today , private equity firm TPG plans to buy AT&T's 70 percent stake in DirecTV.

As part of the spin off from AT&T to TPG, DirecTV will need to pay $2 billion to the telecom giant in 2025 and an estimated $7.6 billion through 2029, the companies said.

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 in DIRECTV it did not already own.

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 ...

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 ...