CNN.com - RSS Channel - HP HeroAT&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.

February 26, 2021 at 05:39AM https://ift.tt/2Mp23zQ 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.