In 2021, AT&T had signed a joint-venture agreement with TPG, in which the private equity firm contributed about $1.8 billion in cash in exchange for a 30% stake in DirecTV, which was valued at ...

TPG says its transaction with AT&T is expected to close in the second half of 2025, subject to closing conditions, and isn’t conditioned on DirecTV’s merger with Dish going through.

DirecTV's value rapidly declined under AT&T's stewardship, as the company reported a $15.5 billion impairment charge in January 2021. AT&T last month said the DirecTV/TPG deal will lower AT&T's ...

Under the deal terms, AT&T sold a 30 percent stake in DirecTV, AT&T TV and its U-Verse to TPG in exchange for $1.8 billion in cash, making DirecTV a standalone company.

DirecTV has been a private company since mid-2021. After a disastrous six-year ownership, publicly traded AT&T struck a deal with private equity firm TPG to spin off the satellite TV provider but ...

UPDATED with details from analysts’ call: WarnerMedia parent AT&T has clinched hotly anticipated deal to sell a significant minority stake in satellite broadcaster DirecTV to private equity ...

Founded in San Francisco in 1992, TPG has $229 billion of assets under management TPG has agreed to acquire the remaining 70 percent stake in DirecTV from AT&T that it does not already own.

TPG contributed approximately $1.8 billion in cash to DirecTV in exchange for preferred units and a 30% interest in common units of the new company. The DirecTV board will include Bill Morrow, CEO of ...

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 ...