Thursday - October 31, 2024
AT&T Sells Remaining Stake in DirecTV to TPG
October 01, 2024
DALLAS, Texas, Oct. 1 -- AT&T issued the following news release:

AT&T (NYSE:T) ("the Company") reached an agreement to sell its remaining stake in DIRECTV to TPG. Under the agreement, the Company will sell its entire 70% stake in a non-contingent transaction subject only to customary closing conditions.

Over the past three years, the Company achieved financial outcomes consistent with its expectations that underpinned its decision to retain a 70% finan . . .

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