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AT&T is selling a stake in DirecTV, ending an infamous saga

AT&T on Thursday sold a minority stake in its video business to private equity firm TPG. The deal values DirecTV, AT&T TV and U-Verse at roughly $16 billion combined — less than a third of the $49 billion AT&T spent to buy DirecTV in 2015. [Source]

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Origin: cnn.com

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Topics: DirecTV, billion, stake, spent, ending, infamous, minority, video, business, private, values, U-Verse, roughly, combined, third, equity, selling

Source: http://rss.cnn.com/~r/rss/cnn_topstories/~3/h3td9fxI0YE/index.html

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