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The satellite TV giant, which is now fully owned by the private equity firm, expects to increase its investments in video ...
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DirecTV Has a New Owner
DirecTV, the satellite TV and streaming provider, is now under new corporate ownership. AT&T has finished selling its stake ...
TPG, an alternative asset management firm, has announced the completion of its acquisition from AT&T of the remaining 70 per ...
DirecTV announced a deal to acquire EchoStar's Dish and Sling TV for $1 plus assumption of nearly $10 billion in debt. ... In addition, AT&T said it will sell its 70% stake in DirecTV to TPG, ...
In a separate deal, DirecTV agreed to buy rival Dish from owner EchoStar; According to the terms of the deal, TPG will make an initial payment of $2 billion to AT&T during 2025 and additional ...
In connection with Monday’s deal, TPG will acquire the 70% stake in DirecTV that it doesn’t already hold from AT&T in a $7.6 billion cash transaction. AT&T paid $67 million for DirecTV in 2015.
DirecTV said it will pay EchoStar $1 for Dish but will assume $9.75 billion of its debt. At the same time, private equity firm TPG will acquire AT&T's 70% stake in DirecTV.
DirecTV announced on Monday that it had agreed to acquire its rival Dish Network from EchoStar in a roughly $9.8 billion deal that would create one of the largest pay-TV providers in the US.
DirecTV was looking to acquire Dish TV and Sling TV from its owner EchoStar in a debt exchange transaction that included a payment of $1, plus the assumption of approximately $9.8 billion in debt.
As part of the deal, DirecTV, private equity firm TPG Angelo Gordon and certain co-investors provided $2.5 billion in financing so Dish could meet its debt maturity in November.
DirecTV is calling off its planned acquisition of rival Dish after the offer was rejected by bond holders at that company. The deal was reliant on Dish bond holders agreeing to trade in the debt ...
DirecTV announced a deal to acquire EchoStar's Dish and Sling TV for $1 plus assumption of nearly $10 billion in debt.