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 ...

The sale involves a 70 percent stake that AT&T retained for itself after spinning out DirecTV into a separate, privately-held ...

TPG (NASDAQ: TPG), a leading global alternative asset management firm, today announced the completion of its acquisition from ...

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Notably, TPG also said that it cut a deal to acquire the 70 percent of DirecTV currently owned by AT&T. Once completed, AT&T will officially be out of the TV business, after spinning out ...

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.

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 ...

DirecTV agreed to buy satellite rival Dish network Monday, ... The deal also provides a much-needed exit to AT&T, which is selling its 70% stake in DirecTV to TPG for $7.6 billion.

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.

TPG, which currently owns 30% of DirecTV, will cover the bulk of the $2.5-billion loan to EchoStar. TPG’s Angelo Gordon division will handle the financing.

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.