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 ...

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

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 ...